MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) decided yesterday to keep interest rates unchanged to allow the economy to absorb the effects of the previous rate hikes. In a statement, BSP Governor Nestor Espenilla said the Monetary Board believes the prevailing monetary policy remains appropriate after the tightening episode that saw interest rates rise by […]
Read MoreTaking advantage of the close proximity and strong taste for affordable Thai products, manufacturers from Thailand continue to double their efforts to maintain a strong foothold in Cambodia’s ever-growing consumer market. The domestic demand for consumer products is flourishing in the Kingdom, largely fuelled by rising income plus the existence of a young population, and […]
Read MoreThe leaders of seven foreign business groups in Yangon have signed an open letter calling on investors abroad to put their money in Myanmar, stressing the critical role foreign direct investment (FDI) plays in the country’s transition. “Having been in isolation for so long, Myanmar now requires the broad regeneration of its economy to meet […]
Read MoreThe Hanoitimes – According to experts, many foreign investors consider M&A the most effective and fastest way to penetrate and expand operations in the Vietnamese market. Merger and acquisition (M&A) deals have helped many foreign investors enter the Vietnamese market rapidly to cash in on the potential outlet. Just a few months after acquiring the largest […]
Read MoreThai construction materials producer Siam Cement Group Public Company Limited (SCG) reported strong business growth in Cambodia last year, as revenue from its subsidiaries’ sales in the Kingdom enjoyed double digit growth. According to an SCG press release on Wednesday, revenue from sales in its Cambodia operation rose to $396 million, a 15 per cent […]
Read MoreINFLATION rose 4.4 per cent year-on-year in January, the slowest in 10 months, partly as the full impact of the second round of oil excise tax increase under the Tax Reform for Acceleration and Inclusion (Train) Act was not yet felt at the start of the year. The rate of increase in prices of basic […]
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