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Cambodia exports reach $9.18 billion in five months

Cambodia’s exports in the first five months of 2023 were worth $9.18 billion, down 2.4 percent from $9.41 billion for the same period last year, according to a General Department of Customs and Excise report. The country’s main exports were apparel, footwear, travel goods, bicycles, and agricultural products such as rice, rubber, cassava, bananas, and […]

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Thailand: The eternal joust over rate hikes

Some industry leaders are concerned about higher interest rates affecting businesses, especially small ones, in addition to weakening the purchasing power of homebuyers. On May 31, the Bank of Thailand’s Monetary Policy Committee (MPC) voted unanimously to raise the policy rate to 2.00% from 1.75% to curb inflation risks as the economy gathers strength. Many state […]

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Malaysia: Output down 3% in April y-o-y on slower export-oriented industries

PETALING JAYA: Malaysia’s industrial output contracted in April amid the deterioration in export-oriented industries and slower domestic economic growth. According to the Statistics Department, the country’s industrial production index (IPI) fell 3.3% year-on-year (y-o-y) in April 2023, after growing 3.2% y-o-y in the preceding month. The decline in the April IPI was driven by contraction […]

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