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NEWS UPDATES Asean Affairs    20 April  2016  

Cambodia’s economy is a bright spot, says IMF

Cambodia's economy is expected to remain strong despite sluggish global economic growth, with the country’s GDP growth projected at 7 per cent this year and 6.7 per cent in 2021, according to the International Monetary Fund’s (IMF) recently released 2016 World Economic Outlook survey.

The balance on current account, represented as a percentage of GDP, is expected to decrease to -8.3 per cent this year, -8.0 per cent by 2017 and -5.9 per cent by 2021, the IMF predicts.

As a long-term indicator of deflation, consumer prices will rise from -0.4 per cent last year to a predicted 0.2 per cent in 2016, dropping to 0.1 per cent next year and holding at 0.0 per cent in five years.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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