Myanmar and Thailand have yet to sign a Memorandum of Understanding for a 12-month contract for Thailand to import corn as Thai growers are opposing such an agreement, according to the Ministry of Commerce. Under a bilateral agreement between Thailand and Myanmar, corn exports were to be exempt from tax from February 1 to August […]
Read MoreThai tourism has been dealt another massive blow after 80% of Japanese tour groups cancelled packages to Thailand, prompting tour operators to urge airlines to reduce frequency of flights. Thais travelling to Japan have also dropped by 20%. Anake Srishevachart, president of the Thai-Japan Tourism Association, said 80% of Japanese groups have cancelled packages to […]
Read MorePrime Minister Hun Sen has called for an increase in the production of vegetables and livestock locally to supply domestic demand as the government unveiled plans to reduce imports of them. Chemical-free vegetable production is needed to supply locals and tourists, Mr Hun Sen said on Tuesday at a graduation ceremony. He called for careful […]
Read MoreMANILA, Philippines — Collections of the Bureau of Customs (BOC) may suffer this February due to lower shipment volumes from China as a result of the coronavirus disease 2019 (COVID-19) outbreak, according to the Department of Finance (DOF). In an interview with reporters, Finance Secretary Carlos Dominguez expressed concern over the impact of the COVID-19 […]
Read MoreA state-owned Chinese firm has expressed interest to invest in the planned Dawei Special Economic Zone (SEZ) in Tanintharyi Region, U Myint San, vice chair of Dawei SEZ Management Committee, told The Myanmar Times. The Myanmar government has yet to respond to the Chinese, given that talks to develop the SEZ with Italian-Thai Development Company Ltd […]
Read MoreSINGAPORE: Singapore’s budget provides a “fairly large fiscal boost” to the economy to counter the impact of the coronavirus, with the government still expecting positive growth for the year, Deputy Prime Minister Heng Swee Keat said. Authorities are open to “upsides as well as downsides” to its growth outlook, and therefore have to be prepared […]
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