The Kingdom’s annual $7 billion garment and textile sector, which has already been hard hit by the Coronavirus pandemic, is still struggling to make up for its partial loss of a preferential zero-tax trade deal provided by the European Union due to end in August. The Garment Manufacturers Association of Cambodia (GMAC) and the Cambodia […]
Read MoreIndonesia and 14 other negotiating countries agreed Tuesday to sign the Regional Comprehensive Economic Partnership (RCEP) this year to help their economies recover from the pandemic-induced downturn. Iman Pambagyo, who has led the RCEP trade negotiating committee since 2013, said he expected the deal to be signed in November. Countries have so far agreed on […]
Read MoreBecause of unprecedented difficulties, Thailand may be outstripped by Vietnam in rice exports this year, but this may only be for the short term. The US Department of Agriculture in its May report showed that Thailand suffers heavily from drought, while Vietnam doesn’t. The agency predicted that Thailand’s rice output this year would decrease by […]
Read MoreCambodia’s Prime Minister Hun Sen yesterday expressed concern over private schools that have rented buildings and are now facing closure because of the COVID-19 pandemic. Premier Hun Sen also appealed to the owners of the building to be gentle and understanding in reducing the cost of renting buildings while the whole country is facing a […]
Read MoreThe Asian Development Bank (ADB) sees growth across Asia-Pacific falling to a 59-year low largely because of the COVID-19 pandemic, with Brunei Darussalam’s gross domestic product (GDP) forecast at 1.4 per cent this year compared to two per cent as previously projected. However, the ADB’s Asian Development Outlook (ADO) Supplement report released on Thursday showed […]
Read MorePUTRAJAYA: Malaysia is still in early discussions with Singapore and Brunei on the possibility of reopening its borders with the two countries. “So far, it is still in the early stages, and currently the discussion does not only involve the Ministry of Health, but also the Ministry of Foreign Affairs and others. “The team from the […]
Read More
Thailand
