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Rising mechanisation in SE Asian regional sugar cane harvest

The mechanisation of the sugar cane sector, in particular in the harvesting of  sugar cane, remains low across Southeast Asia relative to other major producing markets, namely Brazil, other countries in South America and India and China. Thailand transformed from being a net importer of combine harvester-threshers and other harvesting machinery in 2011, to a […]

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Thailand: Probe into poverty planned

The World Bank is expected to evaluate in August the impact of the pandemic on Thailand, determining how it has affected the poor, says Pongnakorn Pochakorn, the Fiscal Policy Office’s senior expert on macroeconomic policy. The evaluation includes both negative and positive factors, such as the continued outbreak and government relief measures, said Mr Pongnakorn. […]

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Cambodia: Haystack Asia Acquires 25% Of Camboticket, Mekong Region’s Top Travel-booking Website

Haystack Asia Capital Limited, the investment capital firm, has acquired a 25% stake in Camboticket, the foremost online travel-booking platform in the Mekong Region. The acquisition is another strategic investment for Haystack Asia as it continues to expand its footprint in Cambodia’s emerging tech and startup sectors. Camboticket was founded in 2014 as the first […]

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Thailand: Panel mulls online food delivery fee revamp

The government is setting up a working panel to study an appropriate structure for the gross profit (GP) or commission fee applied to food vendors by online food delivery platforms to prevent operators from profiteering. Online food orders have surged during the pandemic. Wattanasak Sur-iam, director-general of the Internal Trade Department, said Commerce Minister Jurin […]

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Thailand: May headline CPI rises 2.44% y/y, below forecast

The headline consumer price index (CPI) rose for a second straight month in May, up 2.44% from a year earlier, the Commerce Ministry said on Friday, slightly missing analysts’ expectations. The figure, weighed down by government utility subsidies, compared with a forecast for a rise of 2.85% in a Reuters poll and followed April’s 3.41% […]

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