CLMV News (24 July 2023)

CLMV Cambodia, Lao PDR, Myanmar, News

LaoPDR1

CAMBODIA

Cambodia’s exports to Thailand reached more than $527 million in the six months from January to June 2023, an increase of 6.5 percent compared to the same period in 2022, m amounting to more than $495 million. Cambodia imports more than $1.4 billion from Thailand. This is according to the General Department of Customs and Excise of Cambodia. (Khmer Times)

LAO PDR

The government is studying the possibility of providing a supporting allowance for low-wage civil servants and increasing the minimum wage for private sector employees, to enable them to cope with spiralling living costs, Prime Minister Sonexay Siphandone has said. (Vientiane Times)

MYANMAR

The Central Bank of army-ruled Myanmar will issue a new banknote worth twice as much as the current highest denomination, state-run media reported Sunday, in a possible reaction to the economy becoming more unstable since the generals seized power in 2021. (AP)

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