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AVI ECONOMY AND FINANCE WEEKLY NEWS DIGEST

ISSUE : 2024
No : 09
Release : 16 - 31 July 2024
By : ONGCHAMROEUN KANHA

Content:

1. Thai economy in turmoil after thousands of factories closed as cheap Chinese goods flooded into markets
2. Thailand approves US$2.8 billion soft loan scheme for commercial banks
3. US Federal Reserve is looking for an opportunity to cut interest rates without waiting until inflation drops to 2%
4. Cambodia Records 16.5 Pct Rise in Garment, Footwear, Travel Goods Export in H1
5. UK inflation holds steady at Bank of England’s 2% target, above expectations
6. China youth unemployment down in June: Stats bureau
7. Korea wins $17.3 bil. nuclear power plant order from Czech Republic
8. Pound hits highest level against dollar for a year