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, […]
Read MoreCambodia has recently been exploring new railway routes to both Vietnam and Thailand with the hope of easing cross-border trade and boosting future tourism. The railway network in Cambodia is currently limited with only two rail lines – the southern line, connecting Phnom Penh and Sihanoukville and the northern one, linking the capital with Poipet […]
Read MoreThe 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 […]
Read MoreKUALA LUMPUR: Repayment assistance will remain available this year and into 2021 for borrowers whose incomes have been affected by the Covid-19 pandemic. In a statement, Bank Negara said borrowers facing challenges have generally requested for reductions in monthly repayment installments or an extension of the moratorium, depending on circumstances. “Borrowers who have declined repayment […]
Read MoreMANILA, Philippines — The Philippines is finally requiring all catcher vessels to have a monitoring system as it intensifies measures against illegal, unreported, and unregulated fishing (IUUF) in the country’s marine grounds. The Department of Agriculture recently issued Fissheries Administrative Order 260 which requires all Philippine catcher vessels to install vessel monitoring measures (VMM) and […]
Read MoreDespite the slow recovery of retail property in the last quarters of the year, remarkable recovery is expected from 2021. According to the third-quarter report on the real estate market of Savills Vietnam, the total stock of approximately 1.6 million square metres was stable on-quarter and up 5 per cent on-year. Over the past five […]
Read More
Thailand
