Thailand has dropped to the 13th place globally in food exports owing to dropping demand due to the pandemic, appreciation of the baht, shortage of shipping containers and rising cost of logistics. Anong Paijitprapapon, president of the National Food Institute, said on Thursday that Thailand’s food manufacturing sector contracted 6.5 per cent in 2020 due […]
Read MoreSINGAPORE (CNA) – Business travellers from around the world will be able to stay and conduct meetings at a dedicated facility in Singapore, without the need to serve quarantine on arrival. The pilot short-stay facility, called Connect@Changi, opened yesterday as part of Singapore’s efforts to resume international business meetings amid the COVID-19 pandemic. The hotel cum […]
Read MoreFood exports are forecast to recover to growth of 7.1% this year, fetching 1.05 trillion baht, driven by growing demand in the world market. The anticipated rise in farm and food prices, especially for chicken, sugar, tapioca products and pineapples, as well as Thailand’s strict safety and supervisory measures to prevent the spread of the […]
Read MoreJAKARTA: Indonesia’s central bank cut its benchmark interest rate to a record low and downgraded its growth outlook amid fears that a resurgence in Covid-19 cases is slowing its economic recovery. Bank Indonesia yesterday slashed the seven-day reverse repurchase rate by 25 basis points to 3.5%, the lowest level since the rate was introduced in […]
Read MoreThe National Committee for Sub-National Democratic Development (NCDD) and World Vision International Cambodia have co-launched Phase II of the Implementation of Social Accountability Framework (ISAF). The launch was held yesterday at Raffles Hotel, Phnom Penh. ISAF aims to improve local services by informing citizens of mechanisms they are entitled to access to create dialogue with […]
Read MoreMANILA, Philippines — Any further monetary measures will continue to have limited impact unless business and consumer confidence recovers significantly, according to the Bangko Sentral ng Pilipinas. BSP Governor Benjamin Diokno said the aggressive easing measures implemented by the central bank last year have limited impact on credit and private spending as the country implemented […]
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