Cambodia’s total trade turnover with world partners topped $19.2 billion in the first five months of 2023, a decrease of 14% compared to the same period last year, according to data from the country’s Ministry of Economy and Finance. The kingdom’s goods exports totaled nearly $9.2 billion, down 2.4% year-on-year, while imports accounted for more […]
Read MoreThe Bank of Thailand expects loan growth in the banking industry to slow as demand eases, though rising interest rates should not be a key factor dampening loan expansion. Bank loans recently increased as assistance to small and medium-sized enterprises helped them recover post-pandemic, especially through the central bank’s soft loan programme, said Sakkapop Panyanukul, director […]
Read MoreMANILA, Philippines — The plan to refund the value-added tax (VAT) of foreign tourists is expected to add up to P13 billion to the economy annually amid the propensity of travellers to consume more with such a reimbursement mechanism. During the Senate Committee on Ways and Means hearing yesterday, the National Economic and Development Authority […]
Read MoreWHILE Singapore’s labour market remains tight, there are some signs of cooling labour demand in the first quarter, said the Ministry of Manpower (MOM) in the latest Labour Market Report on Thursday (Jun 15). Both the number of job vacancies and the ratio of job vacancies to unemployed persons “remained high but have both eased”, while employment […]
Read MoreQuang Tri Province in central Vietnam has put forth a plan to construct a 160-kilometer conveyor belt for the transportation of coal from Laos. Vn Express reports that Vietnam’s demand for coal has been increasing steadily, leading to congestion and missed business opportunities at the La Lay border crossing in Dakrong district, where the infrastructure is unable […]
Read MoreBy investing in optimised supply chain planning, companies can maximise efficiency, minimise costs and deliver exceptional value to their customers, a survey done by a consulting firm CEL has found. HCM CITY — By investing in optimised supply chain planning, companies can maximise efficiency, minimise costs and deliver exceptional value to their customers, a survey […]
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