MANILA, Philippines — The National Economic and Development Authority (NEDA) said sugar importation should be allowed if local production is unable to meet the rising demand to prevent further price increases. “Local production has to grow. Now if it cannot grow, imports should be allowed. Otherwise, prices will continue to skyrocket,” Socioeconomic Planning Secretary Arsenio […]
Read MoreKhao San Road could see night entertainment venues open until 4am after the government held talks with local businesses, as both sides try to maintain positive momentum for the upcoming high season. Tourism and Sports Minister Phiphat Ratchakitprakarn said his ministry discussed the matter with the Khao San Road Business Association on Wednesday, with more public […]
Read MoreMany international organisations, including the World Bank, International Monetary Fund and Asian Development Bank, have projected good GDP growth for Cambodia in 2022 and the years ahead. The growth predictions are based on the revival in the country’s prospects following the resumption of socio-economic activities after the government effectively controlled the Covid-19 pandemic. Some businesses […]
Read MoreThe Ministry of Industry and Trade (MoIT) has decided to extend time limit of investigation on applying anti-dumping measures on table and chair products originating from Malaysia and China by six months. Accordingly, the investigation will end on March 1, 2023. Earlier on September 1,2021, the MoIT issued the Decision No. 2091/QD-BCT on the investigation. […]
Read MoreTHE National Economic and Development Authority (NEDA) is confident that the Philippines can reduce poverty by at least 9 percentage points by the end of the Marcos administration in 2028, as the government aggressively pushes for economic recovery. “We firmly believe that we can reduce poverty by at least nine percentage points by 2028: we aim to lower poverty incidence, which is at […]
Read MoreThe new phase of the “Khon La Khrueng” co-payment scheme, scheduled to start next month, is expected to spark fresh competition in online food delivery services with leading market players Grab, Line Man Wongnai and Foodpanda rolling out campaigns to reduce their commission fee, known as gross profit (GP), throughout the duration of the programme. The fifth […]
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