Philippine Maritime Industry Authority (Marina) is supporting direct shipping trade within the Brunei Darussalam- Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) by issuing special permits to shipping lines wanting to expand. Marina Administrator Robert Empedrad has approved the amendment to the Marina Circular 2013-04, providing for the omnibus rules on the issuance of special permits for […]
Read MoreADB sees Phl economy shrinking by 3.8% MANILA, Philippines — The Asian Development Bank (ADB) has further downgraded its economic forecast for the Philippines this year, citing a slowdown in consumption and investments in the first quarter amid the coronavirus pandemic. In its latest report, the Manila-based multilateral lender said it now expects the Philippine […]
Read MoreThe Bank of Thailand is to unveil a relief package today to help debtors ravaged by the coronavirus pandemic, as the three-month blanket debt holiday is expiring at the end of this month. “The regulator considers the ceiling rate reduction for credit cards as reasonable because funding costs for business operators have fallen after the […]
Read MoreThe agriculture ministry said it is collecting all the information, feedback and comment from relevant stakeholders to resolve the issue on the price of live pigs and pork on the market. Minister of Agriculture Veng Sakhon said he would like to say thanks to all relevant stakeholders – pig raisers, slaughterhouses, pork sellers and consumers […]
Read MoreThe National Rice Policy Committee approved in principle on Thursday the rice price guarantee scheme for the 2020/21 crop year, which is expected to use a budget of 85.2 billion baht. Of the 85.2 billion baht, 23.5 billion is allotted to price guarantees, with 56 billion allocated to support management and quality development costs for […]
Read MoreWhile government officials attribute the high pork price to the low supply caused by the African swine fever (ASF), experts say they can see signs of oligopoly. Despite the great efforts by the Ministry of Agriculture and Rural Development (MARD), including the import of pork and live pigs, prices still have been at sky high […]
Read More
Thailand
