Cash assistance for Cambodia’s poor continues
Launched in 2020 by Prime Minister Hun Sen to counter effects of the economic downturn due to the Covid-19 pandemic, the cash transfer programme is now in its ninth renewal period.
Economy
Pakistan braces for another energy crisis as govt fails to lock affordable LNG deal
Though the government says it is talking to various gas exporters, it has so far not been able to lock any new deal to ease power outages amid surging electricity prices.
Up-ended global LNG markets deepen Australia’s power woes
Europe's rush for supplies and an outage at the biggest US LNG plant supplying Europe have had knock-on effects driving power prices up.
Vietnam’s cashew exports to slow in 2022 amid global inflation, Russia sanctions
The cashew industry exported cashews to 104 countries and territories last year, with Russia being 11th largest buyer of Vietnamese cashews.
4 out of 10 firms in South Korea experienced raw materials price hikes higher than 20%: Survey
The survey came as South Korea is grappling with inflation running high amid global oil and commodity price hikes driven by rebounding demand, pandemic-caused lockdowns in China…
Cambodia’s peppercorn output set to rise: Insiders
Unseasonal heavy rains in February, March and April have pushed up yields of the GI-tagged peppercorn by about 10 per cent and greatly cut down on fuel costs for irrigation.
Kishida raps China for ‘unfair, opaque’ aid to developing countries at G-7
He also stressed a determination to spread the importance of fair and transparent development finance for developing countries.
Is the rupee’s recovery sustainable?
The writer says dundamental reasons for the rupee’s weakening such as widening trade and current account deficits were present even before the replacement PTI regime.
Peso breaches 55:US$1, now Asean’s worst performer
Analysts are worried about the speed that the peso has been depreciating, and that this might come to the point when the Bangko Sentral ng Pilipinas would have to use its foreign…
Pressure on forex reserves: Bangaldesh exploring loan of up to $4.5 billion from IMF
Even though imports are slowly contracting, the elevated inflation levels around the world mean the odds of a slowdown in both remittance inflows and export orders are high.