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Thailand: TAT says country ready to reopen

Thailand will have to tolerate the possibility of new coronavirus cases when it reopens its borders to international tourists, but the country can minimise the impact and avoid a bruising level of unemployment with risk management, says the Tourism Authority of Thailand (TAT). After the country reported its first local transmission in 100 days last […]

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Cambodia: Business cluster to boost economy

The  $30 million Worldbridge SME (small and medium enterprise) Cluster will break ground next month, according to a senior executive of Worldbridge Industrial Developments, the company behind the Industry 4.0 infrastructure. The cluster, located in Takhmao city of Kandal province opposite an affordable housing project and near the new planned Phnom Penh International Airport and […]

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World Bank: Agriculture transformation essential to Philippine economic recovery

MANILA, Philippines — The transformation of the local agriculture industry, anchored on the shift away from specific crops and toward a more demand-driven sector, is necessary to fast-track the economic recovery of the Philippines amid the coronavirus disease pandemic. During the virtual launch of its latest report yesterday, the World Bank said transforming agriculture into […]

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Thailand: B3,000 cash handout develops

The Finance Ministry is finalising details of the 3,000-baht cash handout scheme, with initial daily spending disbursed through an e-wallet application and a cap of 100 baht. Details are expected to be finalised by the Fiscal Policy Office before submission to the Center for Economic Situation Administration on Thursday, said a Finance Ministry source speaking […]

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