Tag: economy

Cambodian government reserved $3billion in case EU withdraws EBA agreement

The Cambodian government has reserved around $3 billion to cope with a possible suspension of the Kingdom’s access to the EU’s preferential “Everything But Arms” (EBA) agreement. “The government did not spend all of the revenue collected from taxes. The state has enough savings to deal with any possible crisis in the future.” Mr. Hav…

Singapore is number one in digital readiness, followed by Scandinavia

Singapore is the best prepared country in the world for the new digital economy. On Wednesday 6 July 2016 the World Economic Forum published its Networked Readiness Index and for second year in a row, Singapore ranks highest as the most digital-savvy country in the world. Finland, Sweden, and Norway hold the second, third and…