The success of China’s Belt and Road Initiatives (BRIs) in Cambodia will depend on what the project is and how productive it will be, according to experts who have analysed China’s white paper on foreign aid and development. That document, released last month, was light on fundamental details for many projects, including the source of […]
Read MoreMANILA, Philippines — The country’s largest business organization is pushing for a calibrated importation program and stronger support for local production to help secure supply and bring down prices of pork. In a statement yesterday, Philippine Chamber of Commerce and Industry (PCCI) president Benedicto Yujuico said there are measures the government should implement immediately to […]
Read MoreThe Commerce Ministry has teamed up with 11 digital platforms to roll out new discount campaigns, running until Feb 28, to relieve economic hardship amid the pandemic. According to Commerce Minister Jurin Laksanawisit, more than 100,000 shops are participating in the new campaign, with 1 million products and service items available. The 11 digital platforms […]
Read MoreThe Food Safety Law is making headway and expected to be enacted later this year, with industry insiders confident the legislation will lure more international investors, spark growth in the reeling tourism sector and chip in to national economic growth. The draft Food Safety Law was prepared in 2015 with 11 chapters and 53 articles […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is further expanding the country’s digital payment platforms to speed up the transition to a cash-lite and eventually to a coinless and cashless society. BSP Governor Benjamin Diokno said various payment digitalization initiatives would be implemented successively starting April as the central bank aims to transform […]
Read MoreA potentially bumpy recovery across all sectors of the property market is foreseen as Thailand’s economy weathers another challenging year, according to the international property consultancy CBRE. Following the pandemic-induced economic storm in 2020, the residential sector will see an uneven recovery in 2021 in the condominium and detached housing markets. Commercial and industrial property […]
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