The National Bank of Cambodia (NBC) and the Ministry of Posts and Telecommunication signed a memorandum of understanding (MoU) aimed at fostering the country’s ambitious plan of transforming itself into a digital economy over the next few years. The MoU was signed virtually on April 29 between NBC director-general Chea Serey and ministry secretary of […]
Read MoreSINGAPORE – The labour market has continued its recovery from the impact of the Covid-19 pandemic in the first three months of the year, latest manpower estimates showed on Wednesday (April 28). Total employment grew for the first time since the start of the pandemic in the first quarter of the year, led mostly by the services […]
Read MoreThe Tokyo Deli Restaurant on Nguy Nhu Kon Tum Street in Hanoi closed its doors two months ago for the Tet holiday, but it has now decided to never open again. The long Covid-19 pandemic has hit many restaurants hard. Tokyo Deli announced the closure of two of its five restaurants in Hanoi, including one […]
Read MoreMANILA, Philippines — Consumer price growth likely stayed beyond government expectations in April driven by more expensive meat products, particularly pork, and higher power costs. Inflation likely settled between 4.2%-5.0% this month, economists at the Bangko Sentral ng Pilipinas said on Friday. If the upper-end of the forecast range is realized, that would exceed the […]
Read MoreThe baht opened at 31.18 to the US dollar on Friday, strengthening from its close of 31.21 on Thursday. The Thai currency is likely to move between 31.30 and 31.25 during the day, Krungthai Bank market strategist Poon Panichpibool said. He explained that the baht had strengthened due to the weakening of the dollar. Meanwhile, […]
Read MoreE-commerce penetration in the retail sector could triple in the next few years as the pandemic pushes brands to go online and cross-border sales increase, says JD Central, an e-commerce joint venture between Central Group and Chinese internet giant JD.com. “Thailand’s online retail market accounted for 8% of total retail sales in 2020, which means […]
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