The government is considering placing limits on certain imported goods, in an attempt to minimise or cut the use of foreign currency on non-essential items amid dwindling foreign currency reserves, Prime Minister Phankham Viphavanh has told the National Assembly (NA). The premier said changes to the quantity of vehicles, alcoholic beverages and other imported luxury […]
Read MoreCambodia has promoted economic diplomacy to attract investors, businessmen, and tourists as the country’s socio-economic activities have been resumed. The Ministry of Foreign Affairs and International Cooperation organised a national consultation workshop on ‘economic diplomacy in the new normal’ with support from China’s Lancang-Mekong Cooperation (LMC) Special Fund yesterday. The workshop, held in a hybrid […]
Read MoreMANILA, Philippines — Tariff collected from rice imports grew by 14 percent to more than P8 billion in the five months to May, closing in on the yearly P10-billion target for the Rice Competitiveness Enhancement Fund (RCEF) intended for palay farmers. In a report, the Bureau of Customs (BOC) said revenue from rice imports went […]
Read MoreExperts have pointed out that many localities accept small-scale foreign-invested projects which don’t have much significance to the localities, and allocate too much land to these projects. The Ministry of Industry and Trade (MOIT) has submitted to the government a report on solutions to promote supporting industries as stipulated in Resolution 115/NQ-CP. The ministry said […]
Read MoreTHE rising inflationary pressure both globally and domestically has certainly stolen the limelight in recent weeks. Despite the implication on policy developments, large segments of the low and middle-class population are grappling with the increasing prices of goods and this has eventually threatened consumer spending and increased the cost of living. Costlier raw materials, supply […]
Read MoreThai exports are projected to eke out growth this year as expected, despite emerging signs of an economic slowdown in the US and EU. Chaichan Charoensuk, president of the Thai National Shippers’ Council (TNSC), said he remains confident outbound shipments will grow as projected because China’s economy remains in good shape and Thai exports are […]
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Thailand
