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Cambodia: Kingdom cuts inequality, says Oxfam

Cambodia performs better at global commitment to reduce inequality, despite COVID-19, according to a report on Oxfam in Cambodia Policy. For months on end, governments worldwide have shown their commitment in tackling the crippling effects of the pandemic. Their commitment has been demonstrated by the allocation of additional resources to assist sectors and vulnerable groups […]

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Malaysia set to lead in FDI inflow

KUALA LUMPUR: Malaysia stands to benefit from a potential inflow of investments as multinational companies (MNCs) are accelerating their decisions to optimise their business models and seek “high-value, high-impact” central operating models in strategic locations. According to Ernst and Young’s (EY) latest investor guide, “KL calling: dynamic, digital, diverse”, Kuala Lumpur is gaining global investors’ […]

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Philippines: DA told to control rice imports

MANILA, Philippines — Lawmakers called on the Department of Agriculture anew to stop issuing rice import permits during harvest season to avoid a further drop in palay (unhusked rice) farmgate prices. During the DA’s 2021 budget hearing Monday, senators made a general manifestation asking the DA not to issue permits for certain commodities, including rice, […]

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Thailand: BoT okays extension of B500bn soft loan plan

The Bank of Thailand approved the extension of its 500-billion-baht soft loan scheme by six months, and allowed companies listed on the Market for Alternative Investment to apply for the loans, a previous obstacle to participation. The central bank announced the relaxation of the parameters on Saturday, with the existing scheme scheduled to expire on […]

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