MANILA, Philippines — Current developments in the country are starting to become encouraging after Omicron hit, proving that the COVID variant is unlikely to have a significant impact on the economy. In its weekly outlook, international think tank Capital Economics maintained that the Philippines is seeing some good news after the latest COVID-19 wave due […]
Read MoreRenaissance Minerals (Cambodia) extracted 1,751 kg of gold ore as of earlier February, reaching nearly full capacity of gold extraction. Prime Minister Hun Sen yesterday said that in the seven month extraction operation, the company is now extracting at average 80 to 100 kg per week. In other words, the company is extracting to its […]
Read MoreGlobal online payment PayPal is scheduled to suspend most services for consumers, freelancers and sole proprietors in Thailand from March 7 as it is seeking ways to comply with Thai regulations. Meanwhile, industry pundits believe the move would make PayPal potentially lose customers and allow other competitors to step in amid strong competition in the […]
Read MoreOnline portal will speed shipments, open export markets. It will provide a lift for Cambodia’s MSMEs, which account for only 10 percent of its total exports despite a dominant role in the economy. That figure trails the 30 percent share of exports reached by MSMEs in other regional economies Expanding into new global markets will […]
Read MoreTourism receipts in 77 provinces set another historic low in 2021 with revenue declining by 69.55% to 241,350 billion baht, while the income gap between Bangkok and other major provinces remained wide, according to the Tourism and Sports Ministry. Meanwhile, almost 42% of hotel operators remain concerned about the Covid-19 situation, even though more have […]
Read MoreLOCAL fish, pork and chicken producers formed a united front against the Regional Comprehensive and Economic Partnership (RCEP) and urged the Philippine Senate to defer ratification of the “lopsided” international trade accord. RCEP will severely harm local fishing and aquaculture, including the pork and chicken industries, food security advocacy group Tugon Kabuhayan convenor Asis Perez […]
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