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NEWS UPDATES Asean Affairs    28 April  2016  






Current account deficit rises to $542M in 4Q15


Cambodia's current account balance deficit was the equivalent of $542 million in the fourth quarter of 2015, the equivalent of 11.5 per cent of GDP, the National Bank of Cambodia said in a report released the day before yesterday.

It said the current account deficit increased by about $121 million on the previous quarter due to “an increase of 24.5 per cent in the deficits of balance on goods, and a decrease of 34.7 per cent in the surplus of net current transfers.”

However, this deficit “was partly offset by an increase of 22.8 per cent in the surplus of net services and a decrease of 9.2 per cent in net income.”



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ASEAN  ANALYSIS

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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