The Council for the Development of Cambodia (CDC) has approved a new garment factory in Kandal province. Auspicious Bag and Shoes Accessories Co Ltd is investing $2.4 million in the project at Kraing Makak in Ang Snuol district. The CDC says it is likely to create 380 jobs for locals. In recent months the CDC […]
Read MoreThough COVID-19 has brought challenges to the coffee industry, businesses can nevertheless seek to adapt by exploring innovative and value-added ideas for Vietnamese coffee. Coffee experts gathered at the RMIT University’s International Business Forum 2021 last week to share how to promote the local commodity to the world. According to the experts, Vietnam has consistently ranked among the world’s largest coffee […]
Read MoreMANILA, Philippines — The economy will return to pre-pandemic activity only in 2025 at the earliest, unless the remaining tax reforms are legislated and lockdowns are lifted, the Department of Finance said. Finance Undersecretary and chief economist Gil Beltran told reporters the Philippines may regain its 2019 numbers only in about four years, depending on […]
Read MoreThe baht opened at 33.30 to the US dollar on Monday, strengthening from last week’s closing rate of 33.36. The Thai currency is likely to move between 33.25 and 33.40 during the day and between 33.00 and 33.50 this week, Krungthai Bank market strategist Poon Panichpibool said. Poon predicted the baht would move sideways as […]
Read MoreSIEMENS Mobility will install CBTC on the new metro line connecting Malaysia and Singapore after it was awarded a contract by RTS Operations to design, install and commission the signalling system and install platform screen doors. The technology will be installed on the Johor Bahru – Singapore Rapid Transit System, in what Siemens claims will […]
Read MoreShopee, a major e-marketplace in Asean, is ramping up a marketing strategy to broaden its customer base beyond youngsters to boost sales through the platform amid a sluggish economy. Shopee, which is part of the global consumer internet firm Sea, chose to use Jackie Chan, the Chinese martial arts actor and superstar, as a major […]
Read More
Thailand
