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Cambodia: PM: Economy is resilient

The Cambodian economy continues to be resilient in the midst of global uncertainty, with a healthy GDP growth of seven percent, and with further prospects for improvement, said Prime Minister Hun Sen in his Khmer New Year address to the nation yesterday. “Despite all the challenges – both internal and external – our economy has […]

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Philippines: Trade deficit widens in Feb

MANILA, Philippines – The country’s trade deficit widened 56.5 percent to $1.728 billion in February from $1.104 billion a year ago as manufacturing and consumption-related imports outpaced exports during the month, the Philippine Statistics Authority (PSA) said. Imports grew 20.3 percent to $6.511 billion in February on increased inbound shipments of the following goods: mineral […]

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Cambodia: Trade with Vietnam ramps up

Cambodia and Vietnam made progress toward ambitious economic targets after trade between the countries rose 21.2 percent in the first two months of this year, worth about $624.1 million. Thach Du, Vietnamese ambassador to Cambodia, told local media his nation was Cambodia’s third largest trade partner last year, while bilateral trade between the countries hit […]

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