Cambodia and the Philippines may re-sign the memorandum of understanding (MoU) using the nation-nation mechanism that enables free trade in rice. The subject came up during a three-day Philippines rice market study visit, starting on February 1, of a delegation from the Ministry of Commerce. The Ministry also pitched for exporting rice to the Philippines. […]
Read MoreThai hospitality is globally recognised for its unique service standards, which have assisted many homegrown hotel companies in their international expansion over the past few decades. As the hotel industry has started to see a promising recovery post-pandemic, Thai hotel management companies such as Minor International (MINT), Centara Hotels and Resorts, Dusit International and Onyx Hospitality Group have […]
Read MorePETALING JAYA: Malaysia’s industrial production index (IPI) growth for 2022 narrowed to 6.9% from 7.2% in 2021. The economic indicator which measures overall output of industrial activity was driven by the manufacturing index, 8.2%; electricity index, 4.5%; and the mining index, 2.8%, the Statistics Department said. In December 2022, the IPI grew 3% supported by […]
Read MoreWhen the technical infrastructure and capacity were upgraded to meet the demand, the regulations about issuing e-invoices from cash registers must then be made compulsory together with the introduction of punishments for violations HÀ NỘI — The Ministry of Finance is tightening tax management in the retail industry as it takes steps to force retail […]
Read MoreMONETARY authorities will have to continue raising interest rates after inflation spiked to a higher-than-expected 8.7 percent in January, analysts said. The Bangko Sentral ng Pilipinas’ (BSP) policymaking Monetary Board may have to deliver another 50-basis-point (bps) increase next week instead of the 25 bps initially expected, two economists added. This would raise the policy […]
Read MoreExports are expected to contract 3-5% in the first quarter before starting to recover in the second and third quarters, partially helped by China’s reopening, lower freight rates and high global purchases, according to the national shipping group. However, the group warned the strong baht may weaken the country’s export competitiveness, asking the Bank of Thailand […]
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