CLMV News (13 July 2023)

CLMV Cambodia, Lao PDR, News

CAMBODIA

The Council for the Development of Cambodia has announced that it approved 113 new investment and expansion projects with combined registered capital of about $1.1 billion in the first half of the year, of which 65.38 per cent came from Chinese investors. (Phnom Penh Post)

LAO PDR

The government will have to impose tough measures if it wants to cap the average inflation rate at 9 percent this year as promised, according to a senior official. Over the past six months, the cost of goods and services has soared by 38.06 percent, affecting household incomes and people’s standard of living. (Vientiane Times)

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