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Philippines: In first 2 months of 2023 Vehicle sales up 34%

MANILA, Philippines — Vehicle sales in the country continued to post double-digit growth in the first two months of the year. Latest data from Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck Manufacturers Association (TMA) showed that new motor vehicle sales reached 60,404 units in January and February, higher than the 45,069 […]

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Cambodia remains at low risk of debt distress

Cambodia’s public debt is still evaluated as controllable with a low risk of distress despite the country’s economy having been impacted by the Covid-19 pandemic and other external factors. As of the end of 2022, including the old debt, the Cambodian government has a total public debt of $9.99 billion, in which 99.82 percent or […]

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