Davos elites warned on economic uncertainty

Publication date 23 January 2019 | 11:50 | ICT

Global elites descending on Davos, Switzerland, for the World Economic Forum faced urgent warnings from Oxfam and the International Monetary Fund (IMF) on Monday that the international economy is at risk, as swelling inequality stokes



  • ECB to hunker down, eurozone outlook down

    Publication date 23 January 2019 | 11:49 | ICT

    Analysts expect the European Central Bank (ECB) to acknowledge growing risks to the eurozone economy on Thursday while sticking to its patient course, kicking off a year that could see the Frankfurt institution mostly marking time.

  • Businesses express ‘deepest’ EBA concerns

    Publication date 23 January 2019 | 10:55 | ICT

    Private companies have expressed their “deepest concerns” over the potential withdrawal of the Everything But Arms (EBA) preferential scheme.

  • Indonesia’s economy hit by international trade war

    Publication date 23 January 2019 | 10:26 | ICT

    Stakeholders are worried the China-US trade war will continue to take its toll on Indonesia after it inflicted a huge blow to the country’s trade balance last year.


  • Canadian trade delegation completes Kingdom visit

    Publication date 23 January 2019 | 09:33 | ICT

    A Canadian business delegation completed its five-day visit to Cambodia last week, saying its exploration of opportunities to grow ties with the Kingdom was successful.

  • China increases rice import quota

    Publication date 23 January 2019 | 08:48 | ICT

    Four days after the EU imposed tariffs on rice imported from Cambodia, China agreed on Monday to increase its import quota for Cambodian rice to 400,000 tonnes this year from the previous 300,000 tonnes.

  • Cambodia to Host 1700 Delegates from Over 30 Countries at CamTESOL Conference

    Publication date 22 January 2019 | 17:21 | ICT

    The CamTESOL Conference Series is a premiere professional development and networking platform in the Asia-Pacific region.

  • LG Electronics to unveil foldable smartphone

    Publication date 22 January 2019 | 15:01 | ICT

    AMID rumours about whether LG Electronics intends to join the upcoming foldable smartphone competition, a source confirmed to the Korea Herald on Sunday that the company will showcase a foldable smartphone exclusively to its busines

  • Delaying Thai elections ‘will hurt economy’

    Publication date 22 January 2019 | 13:43 | ICT

    Postponing the 2019 Thai general election and the subsequent instability would discourage investment, hurt domestic consumption and hinder exports, experts warned last week.

  • Oxfam: World’s 26 richest own same as the poorest half

    Publication date 22 January 2019 | 13:16 | ICT

    The world’s 26 richest people own the same wealth as the poorest half of humanity, Oxfam said on Monday, urging governments to hike taxes on the wealthy to fight soaring inequality.

  • Samsung encourage local firms in VN

    Publication date 22 January 2019 | 12:19 | ICT

    A FEW years ago, Samsung, a world-leading electronics company, encouraged local Vietnamese firms to produce spare parts for its factories.