The Cambodia Logistics Association (CLA) has voiced concern over the quality of the logistics and transport sector stemming from the COVID-19 pandemic and has said that a few logistics companies are now bankrupt. Sin Chanthy, president of CLA told Khmer Times that the outbreak of COVID-19 has affected all sorts of businesses; especially logistics and transportation globally […]
Read MoreDaw Aung San Suu Kyi’s government is under pressure to scale up its existing stimulus package to mitigate the economic fallout of the COVID-19 outbreak. “The emergency fund is merely a drop in the ocean,” said U Win Shein, director of Yangon-based Capital Legal Counsel, referring to the K100 billion (US$72 million) COVID-19 fund. The […]
Read MoreThe COVID-19 pandemic has swept across the world fast and furiously like a tsunami. Many countries are drowning in cases and most are in some form of lockdown, many are struggling to catch a breath, while a handful are managing to stay afloat. Whichever situation a country finds itself in, there are complex factors at […]
Read MoreThe Commerce Ministry is set to host its first online trade show — Multimedia Online Virtual Exhibition (Move) — along with a business matching platform for digital content entrepreneurs in late May, expecting sales worth 1 billion baht. Somdet Susomboon, director-general of the International Trade Promotion Department, said that because the pandemic remains rampant and […]
Read MoreThe Hanoitimes – FDI commitments in the January – April period stood at US$12.33 billion, down 15.5% year-on-year. Disbursement of foreign direct investment (FDI) projects in Vietnam totaled US$5.15 billion in the first four months of 2020, representing a decline of 9.6% year-on-year, a report of the Foreign Investment Agency (FIA) under the Ministry of Planning […]
Read MoreMANILA, Philippines — Total collections of the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC) from January to mid-April declined further due to quarantine measures and the extension of the deadline for the filing and payment of income and other taxes to next month, according to the Department of Finance (DOF). In […]
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Thailand
