Cambodia imported 54,149 tonnes of livestock and meat to meet domestic demand last year, according to a Ministry of Agriculture, Forestry and Fisheries report. According to the report, Cambodia last year produced a total of 231,283 tonnes of meat for domestic consumption, equivalent to 81 per cent of total domestic demand, with totalled 285,432 tonnes. […]
Read MoreCASH is still king in South-east Asia, but a slew of digital payment methods could make regional transactions much simpler, one bank has said in a new report. These methods include real-time payments – whether with a pay-to-account number, or using mobile phone numbers or national registration and tax identification numbers, which has been rolled […]
Read MoreThe Hanoitimes – Vietnam’s economic growth is projected to moderate to 6.6% in 2019, driven by credit tightening, slower private consumption and weaker external demand. Amid tighter financing conditions, corporate and household balance sheets in Vietnam are increasingly leveraged with the country’s credit-to-GDP ratio at about 135%, according to World Bank in its latest “Managing Headwinds” […]
Read MoreKUALA LUMPUR:: The World Bank Group has maintained Malaysia’s 2019 gross domestic product (GDP) growth forecast at 4.7%, driven by private consumption. Lead economist for Malaysia Richard Record said private consumption would continue to be the main driver of growth, albeit expanding at a more measured pace. “Household spending will be buoyed by stable labour market conditions and income support measures such as the […]
Read MoreMANILA, Philippines — Fitch Ratings has slashed the country’s gross domestic product (GDP) growth forecasts for 2019 and 2020 due to the delayed passage of the 2019 national budget, the series of rate hikes by the Bangko Sentral ng Pilipinas (BSP) and the trade war between the US and China. In a report, Fitch Ratings […]
Read MoreThe Financial System Stability Committee (KSSK) has said that during the global economic slowdown in the first quarter of 2019, Indonesia managed to maintain its financial system stability. “The peaceful democratic fiesta [legislative and presidential elections] contributes to the public confidence in the financial system,” KSSK coordinator Sri Mulyani Indrawati in Jakarta on Tuesday as […]
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Thailand
