The four phases of the government’s “Khon La Khrueng” co-payment subsidy scheme are expected to inject almost 400 billion baht into the economy, according to Fiscal Policy Office (FPO) director-general Pornchai Thiraveja. The co-payment scheme, which was launched in 2020, aims to mitigate the impact of the pandemic by reducing people’s living costs. The scheme […]
Read MoreCambodia-South Korea free trade agreement promulgated in late January will come into force in the next 60 days. King Norodom Sihamoni has signed into law the ratification of the Free Trade Agreement between Cambodia and South Korea on January 29, after it was cleared by the National Assembly and Senate. Spokesman for the Ministry of […]
Read MoreConsumer demand for gold in Thailand reached 12 tonnes in the fourth quarter of 2021, up 44% from the previous quarter and bringing the full-year total to 37 tonnes, reversing a year of net sales in 2020, according the World Gold Council. Global annual demand (excluding over-the-counter markets) recovered many of the Covid-induced losses from […]
Read MoreMANILA, Philippines — Factory gate prices grew at a slower pace in December even as increments were recorded in the majority of industry groups, the Philippine Statistics Authority (PSA) said. Latest data from the PSA showed that the Producer Price Index (PPI) for December went up by 0.6 percent, a slowdown from the 1.1 percent […]
Read MoreAs the coffee culture begins to gain popularity in Cambodia, international coffee chains have begun to sprout up while the country sees an increased demand for coffee beans. Industry players agree that coffee is now big business in Cambodia with international coffee chains such Starbucks, Gloria Jeans and Erick Kaiser literally dotting every corner of […]
Read MoreBusiness operators have submitted to the Labour Ministry requests for about 90,000 migrant workers under terms of the memorandum of understanding (MoU) signed with Cambodia, Laos and Myanmar last December. Labour Minister Suchart Chomklin said the ministry had received 1,349 applications from employers seeking a total migrant workforce of 90,071. Most requests, 72.2%, are for […]
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