SEOUL -- South Korea's export fell in double digits in the first 10 days of March due to fewer business days, customs office data showed Monday.

Export came to 13.54 billion U.S. dollars in the 10 days, down 13.4 percent compared to the same period of last year, according to Korea Customs Service. (South Korea-Exports)

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VIENTIANE -- Participants in the 30th ASEAN Economic Ministers' Retreat in northern Laos' Luang Prabang province have pledged to strengthen cooperation and connectivity to bolster trade and the overall economy of the ASEAN Economic Community (AEC).

Representatives from the member states of the ASEAN discussed priority economic deliverables for this year and exchanged views on the regional and global economic outlook, Lao News Agency on Monday quoted Lao Minister of Industry and Commerce Malaythong Kommasith as saying at a press conference after the meeting on March 9. (Laos-ASEAN-Regional Trade)

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MANILA -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 6.6 percent in 2023, the country's central bank said Monday.

The Bangko Sentral ng Pilipinas (BSP) said the FDI net inflows reached 826 million U.S. dollars last December, bringing the yearly total amount to 8.9 billion dollars in 2023, compared to 9.5 billion dollars in net inflows recorded in 2022. (Philippines-FDI-2023)

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PHNOM PENH -- Cambodian Prime Minister Hun Manet said here on Monday that mobile payments in the Southeast Asian country increased to 492 billion U.S. dollars in 2023, up 80 percent from 272.8 billion dollars in a year earlier.

Speaking at the opening ceremony of the first digital government forum in Phnom Penh, Hun Manet said digital payment services have gained strong momentum in the past few years due to the COVID-19 pandemic. (Cambodia-E-wallet)

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KUALA LUMPUR -- Malaysia, the world's second-largest palm oil producer, saw its palm oil stocks drop in February amid lower crude palm oil (CPO) production, official data showed Monday.

The Malaysian Palm Oil Board (MPOB) data showed that the country's palm oil inventories slipped 5 percent to 1.92 million tons in February from January. (Malaysia-Palm Oil)

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ISLAMABAD -- A 19-member federal cabinet of newly-elected Pakistani Prime Minister Shahbaz Sharif took the oath on Monday during a ceremony held at the President House in the capital city of Islamabad.

President Asif Ali Zardari administered the oath to the cabinet members that included 18 federal ministers, and one minister of state, according to a statement issued by the President House. Enditem

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