The Fiscal Policy Office (FPO) has downgraded its 2022 economic growth forecast to an average of 3.5% from 4.0%, mainly because of the Russia-Ukraine war and its effect on domestic energy prices, says FPO director Pornchai Thiraveja. He said the FPO expects economic growth to be in a range of 3-4%, compared with a previous […]
Read MoreMALAYSIA will ease more Covid-19 curbs from the start of next month, including lifting restrictions on those who are not vaccinated against the coronavirus and scrapping the need to wear masks outdoors, its health minister said. The South-east Asian nation has seen some of the worst Covid-19 outbreaks in the region, but infection surges have since […]
Read MoreMANILA: The Philippine central bank may consider raising its key interest rate in June, according to governor Benjamin Diokno. Policy makers may wait for another cycle after the May 19 meeting if the nation’s economy grew around 6% to 7% in the first quarter, Diokno said in a Bloomberg Television interview with Kathleen Hays, Shery […]
Read MoreFintech and e-commerce accounted for 70 percent of total venture capital in the country last year, and this trend is predicted to continue in 2022. Capital poured into startups reached US$1.4 billion in 2021, rising three-fold from the US$451 million in the previous year. Up to 70 percent of the investment was channeled into fintech […]
Read MoreBilateral trade between Cambodia and Thailand reached $1.174 billion in the first three months of this year, up by 16 per cent from January-March 2021, according to Customs. In January-March 2022, Cambodian exports to Thailand amounted to $318.116 million, up by 28 per cent year-on-year, while imports clocked in at $856.647 million, up by 12 […]
Read MoreBokeo province: The Golden Triangle Special Economic Zone (GTSEZ) is growing in development and investment projects, especially economic infrastructure, agriculture, livestock, hotels, tourism, residential areas, and entertainment, to attract more visitors, while over 500 companies are investing in the area. During a visit by reporters this week to mark the 15th anniversary of the Golden Triangle […]
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