AFP – G20 finance ministers and central bankers began a videoconference to coordinate post-pandemic recovery plans, increase help for the poorest COVID-hit countries and discuss a US-backed global minimum corporate tax. The meeting hosted by current G20 chair Italy came a day after the International Monetary Fund (IMF) forecast faster-than-expected global economic growth this year of […]
Read MoreInput material prices for Vietnamese wood exporters have risen sharply, but most of them are stuck in the mud as there seems no suitable way to increase their selling prices accordingly. As global supply chains were affected by the Suez Canal incident, the supply issues for raw materials for Vietnam’s export wood processing were further […]
Read MoreMANILA, Philippines — The economy contracted by a slightly higher 9.6 percent in 2020 from an earlier estimate of 9.5 percent after data revisions by the Philippine Statistics Authority (PSA) The PSA said the country’s gross domestic product (GDP), a measure of economic output, shrank by a higher rate than the earlier figure reported in […]
Read MoreThe Foreign Ministry has added China’s Sinopharm jab to its list of vaccines whose recipients qualify for a reduced quarantine period of seven days in Thailand. The ministry has also updated the application process for certificates of entry (COE) to Thailand at the website coethailand.mfa.go.th. Thais and foreigners travelling to Thailand must apply for a […]
Read MoreThe Consumer Price Index (CPI) in February 2021 increased by 1.8 per cent year-on-year compared to February 2020. Prices of food and non-alcoholic beverages increased by 3.9 per cent. Meanwhile, non-food prices increased by 1.3 per cent. The CPI increase was largely attributed to increases in the prices and costs of transport (7.7 per cent); […]
Read MoreGlaring gaps exist in skills development of the Cambodian workforce as the Fourth Industrial Revolution (IR 4.0) threatens to disrupt the garment and tourism sectors, according to a study conducted by the Asian Development Bank (ADB). ADB hosted a webinar on the comprehensive study yesterday and discussed its key findings with members of the government. […]
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