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Despite zero Covid-19 cases, casinos at Cambodia’s borders struggle to reopen

Casino business operators at Cambodia’s borders face difficulties in reopening even though there have been zero new Covid-19 cases for three consecutive days in the Kingdom. Ros Phearun, deputy director-general at the Finance Ministry’s Financial Industry Department, told Khmer Times yesterday that casino operations have not been resumed as of yesterday, the third day of zero new […]

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Thailand: Minimum wage hike in spotlight

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) believes Thailand can manage 2.5-4% GDP growth this year if an increase in the daily minimum wage is appropriate given the higher living costs. The inflation rate has risen following the global oil price surge and is expected to stand in a range of 3.5-5.5%, […]

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Philippines: FDI inflow rebounds by 46% in February

MANILA, Philippines — The net inflow of foreign direct investments (FDI) bounced back with a 46.3 percent rise in February after contracting by 16 percent in January, as the government was able to contain the resurgence of COVID cases during the review period, according to the Bangko Sentral ng Pilipinas (BSP). Data released by the […]

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Cambodia, Vietnam to further enhance transport cooperation

Transport companies from Cambodia and Vietnam have agreed to increase cooperation in connection, coordination, and import-export procedures to further strengthen transportation between the two countries. Members of the Cambodian Logistics Association and Deputy Director of the Department of Import and Export Issued by the Ministry of Industry and Trade, the Vietnamese Ambassador to the Kingdom […]

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Thailand: It’s a slow recovery ahead

Thailand’s economy is showing signs of improvement this year with predicted slow yet sustainable growth if all involved pitch in to help, Finance Minister Arkhom Termpittayapaisith says. Speaking at the PostToday Forum 2022’s virtual conference on Wednesday, Mr Arkhom said the economy is showing positive signs of recovery, though cooperation between the state and private […]

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