The Garment Manufacturing Association in Cambodia (GMAC) and Euro Cham have entered into a partnership to cooperate for the mutual benefit of the garment sector, the country’s brightest prospect in exports. Kong Sang, President of the Garment Manufacturing Association in Cambodia, and Euro Cham Chairman Tassilo Brinzer, attended the signing ceremony on Wednesday. Siang said […]
Read MoreThe coronavirus disease had a disastrous effect on Southeast Asia as the pandemic pushed 4.7 million people into extreme poverty in 2021, according to a new Asian Development Bank (ADB) report presented at the Southeast Asia Development Symposium (SEADS) on Wednesday. In its latest report titled, ‘Southeast Asia Rising from the Pandemic’, ADB stated that […]
Read MoreMANILA, Philippines — The Duterte administration will not suspend the collection of petroleum taxes despite growing calls to do so amid rallying global oil prices, but would instead expand its cash aid program to include not just the transport and farm sectors but also poor families. Finance Secretary Carlos Dominguez III admitted that the size […]
Read MoreKUALA LUMPUR: The ringgit further improved against the US dollar after the Federal Reserve raised interest rates for the first time since 2018 in an effort to tame inflation. At 9 am, the local currency stood stronger at 4.1815/1860 versus the greenback from 4.1965/1995 at Wednesday’s close. Bank Islam Malaysia Bhd chief economist Mohd Afzanizam […]
Read MoreThe Treasury Department plans to call for bids to develop a special economic zone on its land in Tak province, in line with the government’s development policy, says director-general Prapas Kong-Ied. Mr Prapas said the bidding is expected to take place in May. The plot occupies 1,076 rai in Mae Sot district. The department set […]
Read MoreThe retail prices of regular-grade petrol and diesel were respectively hiked by 10.4 per cent and 17.8 per cent on March 16, extending an uptrend that has held since January, and delivering a fresh blow to end consumers that jeopardises the livelihoods of low-income workers desperately trying to recover from the economic pains of Covid-19. […]
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Thailand
