MANILA, Philippines — The country’s rice inventory dropped 7.5 percent in May, according to the Philippine Statistics Authority (PSA). In its latest rice and corn stocks inventory report, the PSA said total rice stocks inventory stood at 2.58 million metric tons (MT) as of May 1, down from the 2.79 million MT registered in the […]
Read MoreIndonesia is interested in investment opportunities in Cambodia in the agriculture, agro-industry, renewable energy, construction and real estate sectors. That interest was raised at a meeting between Indonesian Ambassador to Cambodia Sudirman Haseng and Cambodian conglomerates in the agricultural and real estate sectors. The meeting included Lim Heng, vice-president of the Cambodia Chamber of Commerce, […]
Read MoreDeputy Prime Minister Supattanapong Punmeechaow is planning to propose to the cabinet a plan to allow rich foreigners to enjoy long-stay visas in Thailand. According to Mr Supattanapong, the Centre for Economic Situation Administration (CESA) approved in principle on June 4 a scheme to offer long-stay visas to four groups of foreigners — rich global […]
Read MoreTEMPO.CO, Jakarta – INDEF senior economist Faisal Basri in a virtual seminar on Friday said Indonesia’s key mistake in handling the COVID-19 pandemic was its initial approach that put the country’s economy over public health. “This mistake happened from the beginning. This prolonged the pandemic and it worsened because the economy was made a god-like figure and investments were worshipped,” said Faisal Basri in […]
Read MoreA senior official of the Ministry of Commerce said that the Cambodia Trade e-market (Cambodia Trade) is set to launch in late July or early August. The launch of the e-market is to facilitate the sale of Cambodian goods and products to domestic and foreign buyers. The Undersecretary of the Ministry of Commerce, Sam Heng […]
Read MoreSINGAPORE – Singapore’s non-oil domestic exports (Nodx) accelerated last month and at a pace faster than expected, aided by electronic and non-electronic shipments such as specialised machinery and petrochemicals. Nodx surged 15.9 per cent from a low base a year ago, surpassing the 8.6 per cent gain in May. This also extended the positive growth […]
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