The signing of international trade agreements and the potential for more on the horizon will require Cambodia to conduct detailed trade impact assessments (TIAs) more frequently as the country seeks more bilateral and multilateral trade deals. Sok Sopheak, Secretary of State of the Ministry of Commerce, said since Cambodia became a member of the World […]
Read MoreState statisticians on Monday lowered the official second quarter gross domestic product (GDP) contraction to -16.9 percent from the earlier -16.5 percent. “Major contributors to the revision were real estate and ownership of dwellings, from -20.1 percent to -29.7 percent; wholesale and retail trade; repair of motor vehicles from -13.1 percent to -13.9 percent; and […]
Read MoreThe Federation of Thai Industries (FTI) plans to support a proposal to reduce the mandatory quarantine period for foreign tourists from 14 to 10 days during the Centre for Economic Situation Administration’s (CESA) meeting this week. This measure would improve business activities, said Supant Mongkolsuthree, the FTI’s chairman. “New ideas are needed to push the […]
Read MoreThe government has pledged to accelerate its efforts to rehabilitate Phuket’s tourism industry, which has been pounded by the pandemic on both its short-term and long-term goals. Prime Minister Prayut Chan-o-cha already ordered his advisory team, led by Thosaporn Sirisamphand, former secretary-general of the National Economic and Social Development Council (NESDC), to finalise the proposals […]
Read MoreSINGAPORE: With tighter border controls amid the coronavirus pandemic limiting the entry of new foreign workers into Singapore, sectors dependent on foreign labour are being squeezed more than before. More than 10 employers in the construction and food and beverage (F&B) sectors told The Sunday Times that their manpower costs have gone up significantly in […]
Read MoreThe private sector has the potential to generate both much-needed investment in agriculture and food systems and to ensure responsible supply chains that benefit small-scale producers, workers and consumers. However, irresponsible business and financial sector operations can undermine this potential. Last week’s 2020 Annual General Assembly addressed the role of the private sector under the […]
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Thailand
