Malaysia is emerging as a new market for Cambodian peanut exports, according to a report of the Ministry of Agriculture, Forestry and Fisheries. During the first four months of 2020, continued the source, Cambodia exported 32.64 tons of peanut to Malaysia. Peanuts are one of the plants included in Cambodia’s list of exported goods to […]
Read MoreKasikornbank (KBank) has launched a 1-billion-baht loan scheme, offering interest-free borrowing for the first year to small and medium-sized enterprises (SMEs) with up to 200 employees as a way to keep 41,000 workers on payroll during the pandemic. The bank will also provide a monthly grant of 8,000 baht for three months to SME employees […]
Read MoreThailand’s headline consumer price index (CPI) fell 2.99% in April from a year earlier, the largest decline in more than 10 years and sharply below expectations, commerce ministry data showed on Tuesday. The reading compared with a forecast decline of 1.20% in a Reuters poll, and with March’s 0.54% decline. The drop was the largest […]
Read MoreMANILA, Philippines — Philippine manufacturing activity recorded a sharp downturn in April following the severe Luzon-wide quarantine that locked down a large section of the economy, according to the latest survey of IHS Markit Philippines. IHS Markit said its final Philippine manufacturing Purchasing Managers’ Index (PMI) declined further to 31.6 in April from 39.7 in […]
Read MoreIndonesia’s economic growth slowed sharply in the first quarter of the year, amid expectations the coronavirus pandemic will take an even heavier toll on Southeast Asia’s biggest economy in months ahead. Gross domestic product rose 2.97% in the first quarter from a year ago, the statistics office said Tuesday. That was worse than the median […]
Read MoreThe Mine and Energy Ministry has called on local and foreign companies to bid for the Kingdom’s coal mining exploration licences in Oddar Meanchey. The announcement wants both local and foreign private companies to apply for a licence to explore coal mines within a 200 square kilometre area in the province’s Ou Svay commune in […]
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