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Thailand is short of 500,000 foreign workers after government lifted most Covid bans

THAILAND faces a shortage of about 500,000 foreign workers in its manufacturing and services sectors to support an economic recovery from the pandemic, with the government having lifted almost all Covid-related travel and business restrictions. A combination of factors including civil strife in Myanmar and virus outbreaks in neighbouring countries has led to fewer-than-expected people […]

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RCEP, CCFTA give boost to e-commerce development in Cambodia

The Regional Comprehensive Economic Partnership (RCEP) trade pact and the Cambodia-China Free Trade Agreement (CCFTA) have given a boost to development of the fledgling e-commerce industry in Cambodia, experts said on Monday. Cambodia’s market value of e-commerce had surged to 970 million U.S. dollars in 2021, up 19 percent from $813 million in 2020, according […]

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Thailand: BoT sees tourist arrivals rising to 8m

Foreign tourist arrivals could reach 8 million this year after recording higher numbers over the past few months, says the governor of the Bank of Thailand. The number of foreign travellers entering Thailand has risen to around 30,000 per day. If the increase in numbers continues until the end of this year, international tourist arrivals […]

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Philippines: Wholesale prices growth eases in May

MANILA, Philippines — Wholesale prices of goods moved up at a slower pace in May from the previous month as four commodity groups registered lower increases, the Philippine Statistics Authority (PSA) said. Data from the PSA showed growth in the general wholesale price index (GWPI) at the national level slowed to 7.9 percent in May […]

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