The top logistics industry body has struck a deal with a digital technology association that is tailored to better position the freight sector to drive growth and slash delivery times and operating costs, according to the former’s chief. A two-year agreement was signed at a signing ceremony on the afternoon of September 6 by Logistics […]
Read MoreMANILA, Philippines — The Philippines likely recorded a stronger growth in exports and imports in July amid the continued reopening of global trade during the pandemic, according to Standard Chartered Bank. Jonathan Koh, economist for Asia and the Philippines at Standard Chartered Bank, said the Philippines’ trade deficit likely narrowed for the second straight month […]
Read MoreCambodia Business Council in Thailand (CBC) and Thai Business Council in Cambodia (TBCC) entered into an official partnership to promote trade and investment between the two neighbouring Southeast Asian nations. This comes just over three months since Cambodia on May 20 launched the CBC in Bangkok to serve as a one-stop centre for business trade […]
Read MoreThe baht opened at 32.29 to the US dollar on Wednesday, weakening from Tuesday’s closing rate of 32.20. The Thai currency is likely to move between 32.25 and 32.40 during the day, Krungthai Bank market strategist Poon Panichpibool said. Poon said the baht was still under pressure from the dollar and the Covid-19 situation especially […]
Read MoreCambodia’s total exports were valued at $5.982 billion in the first five months of 2021, inching up a 1.6 percent increase compared with the same period last year, thanks to the growth of non-garment products. A report on economic trends from the Ministry of Economy and Finance (MEF) showed the export of garments was on […]
Read MoreThe Ministry of Trade and Industry (MoIT) has said it is cooperating with the Ministry of Finance to consider the provision of tax incentives to encourage the development and use of electric vehicles in Vietnam. As electric vehicles remain unpopular among Vietnamese consumers, the two ministries are studying possible amendments to the Law on Special […]
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