Leading Asia-Pacific agro-industrial and food conglomerate CP Cambodia is investing more than $67 million in animal production, food processing and slaughterhouses in the Kingdom. This investment aligns with the government’s policy and development plan for the agricultural sector 2019-2023, said Minister of Agriculture, Fisheries and Forestry (MAFF) Veng Sakhon,. Sakhon posted on his official facebook […]
Read MorePhuket will submit its reopening plan to the Centre for Economic Situation Administration (CESA) for approval this Friday in a bid to let inoculated tourists visit without quarantine in July, while Samui also hastened the reopening process with a sealed model. Yuthasak Supasorn, Tourism Authority of Thailand governor, said the reopening plan, known as the […]
Read MoreMaritime transport costs have skyrocketed in recent months as the impact of the COVID-19 pandemic takes its toll, pushing import-export companies into a lot of difficulties. Maritime transport costs increased by up to ten fold since the third quarter of 2020, together with the shortage of containers for packing. “We had to consider transporting 20 containers which […]
Read MoreIn 1980, recreating a monetary and banking system from zero after the Khmer Rouge had abolished the use of money was a daunting task, particularly given the limited expertise at hand following the decimation of human resources in the country, according to the Sosoro Museum – Cambodia’s museum of money and economy. The continuous efforts […]
Read MoreMANILA, Philippines — Emerging economies in Asia like the Philippines should continue to strengthen their fiscal response to ensure economic recovery as the pandemic’s end is nowhere within sight. In the latest Asian Development Bank blog, ADB principal economist Jong Woo Kang expressed concern that emerging countries are not spending enough to shore up their […]
Read MorePrime Minister Prayut Chan-o-cha has ordered the Finance Ministry and related agencies to speed up fresh economic stimulus measures to continue spurring domestic spending. On Monday, the premier also instructed the Finance Ministry and related agencies to accelerate the rollout of the third phase of the co-payment scheme and continue the Rao Chana (We Win) financial […]
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