Category: General

The Asian Development Bank (ADB) has maintained its growth forecast for Cambodia at 5.8 percent for 2024 and 6.0 percent for 2025, the bank said in its press release on Sept. 25. ADB has revised down its earlier inflation projection for 2024 from 2.0 percent to 0.5 percent, reflecting the slow increase in food prices and decline in fuel prices in the first half of 2024, according to the Asian Development Outlook (ADO) September 2024. ‘The rebound in the manufacturing sector- especially garments, footwear, and travel goods (GFT) – is powering the country’s economic growth,’ said ADB Country Director for

CAGAYAN DE ORO CITY: The Police Regional Office in Northern Mindanao (PRO-10) is investigating the legitimacy of documents used by a businessman linked to illegal Philippine Offshore Gaming Operators (POGO) to acquire a License to Own and Possess Firearms (LTOPF). The matter came to light during a recent Senate committee hearing, where it was revealed that Tony Yang, who claimed residency in this city since the late 1990s, was issued an LTOPF by a PRO-10 unit. In a radio interview on Wednesday, PRO-10 spokesperson Joann Navarro emphasized the rigorous process involved in securing an LTOPF, noting that all required documents

SEREMBAN, Negeri Sembilan enforcement agencies have been ordered to monitor business premises linked to GISB Holdings Sdn Bhd (GISBH) after some of them allegedly changed their logos to avoid being detected. Negeri Sembilan Menteri Besar Datuk Seri Aminuddin Harun said the state authorities have received information indicating that several business premises have altered their logos, which are not associated with GISBH. “I asked the religious and enforcement department of Seremban City Council (MBS) to monitor the situation. We have seen that the logos (on the business premises) have changed, and that is initial evidence. “We know their premises are all

VIENTIANE (LAOS), Deputy Prime Minister Datuk Seri Fadillah Yusof arrived in Vientiane today to attend the 42nd ASEAN Ministers on Energy Meeting (AMEM) and its associated meetings. Fadillah, who is also the Minister of Energy Transition and Water Transformation, was met on arrival at the VIP Terminal, Wattay International Airport, by Malaysian Ambassador to Laos, Edi Irwan Mahmud. Also present is the Vice-Minister for Energy and Mines of Laos, Dr Chansaveng Boungnong. The 42nd AMEM Meeting, chaired by Laos, will commence tomorrow for two days, with ASEAN energy ministers in attendance. The discussions will centre on policy direction, infrastructure development,

SHAH ALAM, The Magistrate’s Court here today granted a four-day extension of remand for 24 individuals, including senior leaders of GISB Holdings Sdn Bhd (GISBH). Magistrate Mohamad Redza Azhar Rezali approved the remand extension for all the individuals, who were represented by lawyer Rosli Kamarudin, following a request from the police. The remand order, which extends until Sept 28, was issued after the previous seven-day remand ended today. The suspects, aged between 25 and 65, were brought to court separately in police trucks and vans at approximately 9.20 am, under tight security by the Criminal Investigation Department and the General