Cambodia exported $304.385 million worth of rubber latex and wood in the first eight months of 2022, down by 6.7 per cent from the $326.339 million posted in the same period last year, according to the General Directorate of Rubber (GDR) under the Ministry of Agriculture, Forestry and Fisheries.
The Northern Corridor Implementation Authority (NCIA) has signed a memorandum of understanding (MoU) with the Ministry of Industry Indonesia (MOI) and the Rubber Authority of Thailand (RAOT) to firm up the commitment to jointly develop rubber cities at the 28th Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) Ministerial Meeting today.
China will speed up fund injections to expedite project construction and boost domestic consumption, China's state planner said on Monday, even after the economy showed signs of renewed momentum last month.
Japan will spend 3.48 trillion yen ($24.31 billion) in budget reserves to cope with ongoing price hikes and respond to COVID-19, the Ministry of Finance said on Tuesday.
Asian shares edged up in early trade on Tuesday following a rebound in the final hour of New York trading as investors turned their attention to an expected hefty Federal Reserve interest rate hike this week to tackle inflation.
China kept its benchmark lending rates unchanged at a monthly fixing on Tuesday, as expected, as authorities appeared to hold off immediate monetary easing following rapid declines in the local currency and as central banks elsewhere tightened policy.
