The office of Prime-Minister Hun Sen has tweeted a report from the Ministry of Foreign Affairs and International Cooperation detailing tourism capacity levels by region for 2020. The areas with the highest level of infrastructure for tourism were in order: Phnom Penh, Siem Reap, Sihanoukville, Kampot and Battambang. Nationally there were 1,028 hotels catering to […]
Read MoreThe Thai Credit Guarantee Corporation (TCG) recorded a low number of requests for its soft loan guarantee, totalling only 6.5 billion baht out of its earmarked 100 billion. Entrepreneurs are taking a wait-and-see approach on whether the economy can rebound from the pandemic. TCG acting president Wasukarn Visansawatdi believes more businesses will apply for the […]
Read MoreKUALA LUMPUR: Malaysia’s decision not to shut down its economy under the Movement Control Order (MCO) 2.0 and MCO 3.0 could prevent various adverse effects, including unemployment reaching an estimated one million people, said Tengku Datuk Seri Zafrul Abdul Aziz. The finance minister said applying the lessons learned from the first COVID-19 wave, no country […]
Read MoreIn a bid to continue successfully controlling inflation this year amid a rise in local consumption, the government is taking drastic action, with the stabilisation of prices of key items in the market a priority. Although the four-month consumer price index (CPI) remains low, at 0.89% as compared to that of the same period last […]
Read MoreCambodia is committed to join hands with other ASEAN member states and improve its transportation system to offset the cumulative impact of Covid-19 containment measures and boost regional trade, according to the Ministry of Public Works and Transport. Various Intra-ASEAN discussions are underway on tactics to better facilitate transportation and reduce the increased shipping times […]
Read MoreThe Thai financial system has become more vulnerable due to negative shocks from the latest coronavirus outbreak and there remained significant risks to the economy, the minutes of the central bank’s last meeting showed on Wednesday. On May 5, the Bank of Thailand’s monetary policy committee left the policy rate unchanged at a record low […]
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