Chinese investment in Cambodia had increased significantly in 2021 despite the negative effect of the COVID-19 pandemic, which truly reflected Chinese investors’ trust in Cambodia’s business environment, officials and experts said on Friday. Cambodia attracted fixed-asset investment of $2.32 billion from China last year, up 67 percent from $1.39 billion in the year before, according […]
Read MoreShopee, an e-commerce platform in Southeast Asia and Taiwan, is forecasting growth in Thailand’s e-commerce market based on an expansion in the user base and intense marketing and promotions to help boost purchasing power amid a sluggish economy. According to the “Digital 2022: Thailand” report by creative agency We Are Social and strategic consultancy Kepios, […]
Read MoreThe Covid-19 pandemic caused turbulence in the labor market in Vietnam in 2021. For the first time in 10 years, the Vietnamese economy witnessed a serious decline in the number of labor market participants and the number of employed people. The average income of workers also fell. The unemployment and underemployment rates both increased, in […]
Read MoreThe Commerce Ministry expects headline inflation in March to stay at a high level, driven by a rise in energy prices after the cost of fuel and electricity accelerated in February at the fastest pace since 2008. Ronnarong Phoolpipat, director-general of the Trade Policy and Strategy Office, said yesterday the prospects of higher inflation are […]
Read MoreThe Government is in a process of setting up an investment portfolio to be included in a public investment scheme, which is expected to complete this month. The Vietnamese Government plan to kick start some pubic investment projects, estimated around VND113.85 trillion (US$5 billion) in April. Deputy Minister of Planning and Investment Tran Quoc Phuong […]
Read MorePayPal has won a reprieve from local regulators and says it will be business as usual for existing customers of its consumer and business services until the end of the year. By then, the international payments company hopes to be in full compliance with local regulations as it completes the transfer of its business to […]
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Thailand
