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Cambodia: Kingdom may exit LDC ‘by 2028’ on RCEP

The Regional Comprehensive Economic Partnership (RCEP) agreement could provide a “vital impetus” to drive the Cambodian economy to exit Least Developed Country (LDC) status by 2028, according to the commerce minister on March 14. Minister of Commerce Pan Sorasak made the comment at a workshop titled “RCEP: Implications, Challenges and Future Growth of East Asia […]

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Philippines: Agricultural trade up 25% to $5.98 billion

MANILA, Philippines — The value of the country’s agricultural trade further grew in the fourth quarter of 2021 by 24.9 percent to $5.98 billion on the back of double-digit increases in imports and exports, according to the Philippine Statistics Authority (PSA). The fourth quarter figure is higher than the 15.8 percent growth registered in the […]

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Thailand seeks more LNG supply

A global energy crunch is sending liquefied natural gas (LNG) prices skywards, but Thailand needs to ramp up its purchases to offset a steep production fall at its largest gas field and as sanctions threaten supplies from Myanmar. The Southeast Asian country has little choice but join the scramble for alternative gas supplies at a […]

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