Sovereign bonds, which will be issued sometime this year, will serve as a new financial instrument for institutional investors, such as the National Social Security Fund, pension fund, insurance companies and banks.
Nearly $1.3 billion in financing has been provided to support the implementation of the Cambodia Industrial Development Policy (IDP), which aims to help the Kingdom diversify its manufacturing industries, according to latest figures from the Cambodia Cooperative Financing Database.
The Mekong Tourism Forum is set to be held in Hoi An, Vietnam from October 3-8, the Mekong Tourism Coordinating Office (MTCO) has announced, and is expected to contribute to revitalisation and boosting of the Greater Mekong Subregion’s (GMS) hard-hit tourism sector.
The Saudi Arabian Public Investment Fund (PIF) has pledged to use Thailand as a hub for investment in Southeast Asia, the PIF chief said.
More than 65,000 people descended upon Sihanoukville for the Cambodian Food and Products Fair, a three-day exhibition of Khmer food and products at Techo Square, according to the Preah Sihanouk provincial Department of Tourism.
The decline in the quantity, price and quality of cashew nuts this year has prompted farmers across Cambodia to cut down or abandon more than 100,000ha of trees, according to latest Cashew Nut Association of Cambodia (CAC) estimates, raising questions of international demand overestimations.
Saudi Aramco on May 15 posted an 82 per cent jump in first quarter profits, buoyed by a global surge in oil prices that has made it the world’s most valuable company.
Vietnamese markets experienced the worst performance since March 2020 last week due to strong selling pressure. Experts said that with the current conditions, downside risk is still dominating the market.
Japanese pharmaceutical companies are starting to embrace the novel concept of “digital therapy”, where artificial intelligence (AI) and virtual reality technologies are employed in the treatment of diseases.
Prices on household goods have been rising for months in the US, souring the national mood but not significantly affecting sales – yet.
With the Malaysian economy expected to improve further this year, no changes were made by the central bank to the country’s annual gross domestic product (GDP) growth projection of 5.3-6.3 per cent that was announced in March.