PHNOM PENH (XINHUA) – Cambodia exported 536,305 metric tonnes of milled rice in the first 10 months of 2020, up 17 per cent over the same period last year, Agriculture Minister Veng Sakhon told Xinhua yesterday. China remained the top buyer, he said, adding that the kingdom shipped 194,451 tonnes of milled rice to China […]
Read MoreThe mobile cabinet in Phuket will on Tuesday consider rescue packages for southern businesses severely affected by Covid-19, including soft loans for airlines and other tourism-related companies. Finance Minister Arkhom Termpittayapaisith said the government would ask airlines to limit price increase to help stimulate domestic travel in exchange for soft loans. Airline operators had asked […]
Read MoreMANILA, Philippines — Bank loans extended to micro, small and medium enterprises (MSMEs) that are booked in compliance with the reserve requirements reached P120.9 billion as of Oct. 1 as the Bangko Sentral ng Pilipinas (BSP) continues to extend regulatory relief measures amid the pandemic. BSP Governor Benjamin Diokno said the amount used as compliance […]
Read MoreMoney sent back by Cambodian migrant workers in 2020 is projected to decline to $1.4 billion because of COVID-19, according to a World Bank report. The report, called “Migration and Development Brief Phase II”, released on Thursday, shows formal remittances to East Asia and the Pacific region are projected to fall by 10.5 percent in […]
Read MoreWith well over a million users, China’s leading mobile-payments system, Alipay, posted $17.3 trillion in payment volume in China alone and $91.2 billion from abroad. Alipay generated $8.049 billion primarily from merchant-acceptance fees during its fiscal year ending June 2020. Because of this, Ant Group, Alipay’s parent company, is eyeing to raise some $34.5 billion […]
Read MoreAs the economic slowdown and political turmoil are likely to persist, tour operators have found more travellers looking for spiritual tour packages. Thanapol Cheewarattanaporn, president of the Association of Domestic Travel (ADT), said there has been a rise in demand for tour packages focusing on spiritual activities, including trips to famous temples to pray for […]
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Thailand
