ECONOMIC AFFAIRSAsia News Network

Digital RMB tax payment system gains momentum

Unlike other electronic payment methods, digital renminbi will circulate in the same currency payment and circulation environment.

The fiscal deficit ballooned since last year as the government needed to boost its Covid-19 war chest amid a prolonged pandemic.

Asked whether the economy will improve next year, respondents said they expect the economy to get worse in all sectors.

The current liquidity crunch is the result of excessive lending, coupled with the government failure to spend its budgetary resources.

The group urged the government to abolish the vaccine pass system and end the curfew on businesses.

The South-east Asian country boasts more than 3.3 million hectares of mangrove forests, which accounts for 20 percent of the world's total.

The Ministry of Industry, Science, Technology and Innovation noted that the Cambodian food sector has been growing rapidly.

Firms are now learning to do more with less as the sting of recent lay-offs remains fresh.

Misbehavior, suspicion cloud candidates’ promises and visions

The prime minister said Pakistan had so far gone to the IMF to seek financial support for 20 times.