Bank of China is in negotiations with Cambodia’s central bank on the promotion of business
The Chinese government has given tax benefits to Chinese companies that have settled foreign trade in the currency since 2010, but the discussion between the National Bank of Cambodia(NBC) and state-owned Bank of China was a sign that China would take a more proactive hand in moving away from the US dollar medium in bilateral trade
CLMV economies Outlook by EIC Q1/2021
Within the region, Vietnam’s economy is projected the fastest growth due to ongoing strong exports performance for electronics products and a resilient domestic economy.
The global recession and COVID-19 pandemic heavily affected CLMV economies in 2020, resulting in major slowdown in Vietnam and Myanmar whereas Laos and Cambodia faced economic contractions from additionally specific negative factors.(more…)
CLMV’s economic growth crashes to two-decade low due to COVID-19
The COVID-19 crisis has caused the rate of economic growth in the CLMV bloc to be at its lowest in two decades, the CLMV economies could grow at 3.4 percent this year
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TAT expects 850 billion baht ($25.7 bln) in tourism revenue after successful reopening
The Tourism Authority of Thailand (TAT) has set this year’s revenue target at 850 billion baht, 300 billion of which...
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Exclusive interview with Richi Kukreja, HR Lead Director for Zoetis South East Asia
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