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Cambodia drops 8 places in Economic Freedom Index

Cambodia’s ranking in the Index of Economic Freedom dropped by eight places from last year, a negative sign for a country seeking to expand its economy and become a major player in Southeast Asia. This year, Cambodia registered 57.3 points in the Index of Economic Freedom, putting it in 113th spot among 180 countries. Last […]

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Philippines: NEDA chief Pernia resigns; DOF’s tax reform ‘poster boy’ named replacement

MANILA, Philippines — Socioeconomic Planning Secretary Ernesto Pernia has resigned and Finance Undersecretary Karl Kendrick Chua, who crafted the Duterte government’s tax reform program is replacing him, officials said in separate announcements on Friday. The sudden change in leadership at the National Economic and Development Authority (NEDA), one the government’s top economic agencies, is coming at […]

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Thailand – Lazada: Pandemic making e-commerce mainstream

Lazada Thailand says the coronavirus outbreak will turn online shopping into the new normal in Thailand, and the e-commerce giant is offering incentives to attract 50,000 offline small and medium-sized enterprises (SMEs) to the platform to assist them during this difficult time. “From mid-March to mid-April, Lazada saw a 100% rise in sale transactions,” Paradee […]

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