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Cambodia: Gov’t announces policy support for cassava industry

The Kingdom has officially launched a “National Cassava Policy” (NCP) to boost domestic production, processing and commercialisation for export to international markets in line with the government’s Industrial Development Policy for 2015-2025. The NCP is a joint effort by the Ministry of Commerce, Ministry of Agriculture, Forestry and Fisheries and the UN Development Programme (UNDP). […]

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Philippines: Foreign reserves soar to all-time high in 2020

MANILA, Philippines — The country’s foreign reserves hit an all-time high in 2020 on the back of ballooning external debt while domestic demand that used to drive dollar outflows remained weak amid a pandemic-induced recession. Gross international reserves amounted to $109.8 billion as of end-December last year, up 4.77% on a month-on-month basis, the Bangko […]

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