cam03
Read More

Cambodia-Thailand Jan-Feb trade tops $1.3 billion

The Kingdom imported more than $1.3 billion worth of goods from Thailand in the first two months of this year, a 3.3 percent year-on-year increase. Imports from Thailand were at $1.12 billion during the period, a 5.2 percent increase from the same period last year, according to the official statistics from Thailand’s Commerce Ministry. The […]

Read More
phil02
Read More

Philippines: Inflation to hover this year at 4%

MANILA, Philippines — Headline inflation will hover around the four percent level for the rest of the year and is not expected to significantly breach the central bank’s target, a global think tank said. In its latest economic monitor, Pantheon Macroeconomics said the risk of runaway inflation or hyperinflation in the Philippines remains minimal, even […]

Read More
c1_2290774_220406105436
Read More

Thailand: Bio-plastic industry gets tax incentive

The cabinet has approved an extension of a 25% corporate tax exemption for bio-plastic industry companies in order to promote Thailand as an Asean bio-hub. Rachada Dhnadirek, the deputy government spokeswoman, said the cabinet approved the proposal to extend the tax exemption until 2024. The government is projected to lose 673 million baht in revenue […]

Read More
cam02
Read More

Cambodia: Textile suppliers cut energy and water consumption, courtesy IFC program

Despite the challenges of Covid-19, local apparel and textile suppliers have cut energy and water consumption through a range of sustainable solutions under an IFC program. The program aims at increasing resource efficiency and reducing operating costs. As part of the IFC’s Cambodia Improvement Program, ten suppliers with cut-and-sew and garment-washing operations implemented resource efficiency […]

Read More