China remains the main source for Cambodia rice exports according to just-released data from the Cambodia Rice Federation (CRF). The CRF’s figures show that in the first quarter of 2020, 44 percent of Cambodia’s milled rice was shipped to China or 101,345 tonnes. This represents a 35 percent increase on the same period last year. […]
Read MoreRice sales have seen a big surge due to people stocking up on goods amid the Covid-19 crisis. Hong Thong rice sales grew by 20 per cent, said Kampanart Manathanya, vice president of Chia Meng Marketing Co, pointing to consumers buying essential goods in larger quantities, rice bags becoming one of the most purchased products […]
Read MorePhysical distancing, closed shops and empty roads have changed the daily activities of Tedy Abdullah, a 27-year-old motorcycle taxi driver who partners with ride-hailing apps Gojek and Grab. What used to be hectic days that start in the afternoon and go on until the morning after, are now filled with inactivity. “I can wait for […]
Read MoreThe Asian Development Bank (ADB) has released forecast figures showing Cambodia’s real economic growth will reach 2.3 percent this year, 0.2 percent lower than a report released earlier this week by the World Bank. The ADB says that after two decades of strong performance, Cambodia’s economic growth is expected to drop to 2.3 percent in […]
Read MoreJAKARTA (Reuters) – Palm oil plantations in top palm producer Indonesia have imposed protocols to prevent the spread of coronavirus among workers but have no plans to reduce workers’ hours or other activities, an industry body said on Friday. Coronavirus has infected 1,790 people and killed 170 in the world’s fourth-most populous nation as of […]
Read MoreKUALA LUMPUR: The Malaysian economy is expected to see a contraction -2.0% at its worst and growth of 0.5% at its best in 2020, compared to 4.3% in 2019, against a highly challenging global economic outlook. Bank Negara Malaysia (BNM) in its 2019 Economic Monetary Review on Friday said the domestic economy will be impacted […]
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Thailand
