Thailand’s cross-border trade is expected to recover to growth of 3-6% this year, helped by Covid-19 vaccine distribution and the global economic recovery. According to Keerati Rushchano, director-general of the Foreign Trade Department, cross-border trade, which includes transit trade, is likely to generate 1.36 to 1.40 trillion baht, up from 1.31 trillion baht in 2020. […]
Read MoreCambodian employers selected as among Asia’s best places to work in HR Asia’s annual competition are: AIA (Cambodia) Life Insurance Plc, Baker Tilly, Cambodia Beverage Co Ltd (bottlers of Coca Cola in the Kingdom), Cambrew Ltd, Canadia Bank PLC, Cellcard, Chip Mong Insee Cement Corp, CIMB Bank PLC, DHL Express (Cambodia) Ltd, EZECOM, Hong Leong Bank, […]
Read MoreCambodia expects to break ground on a second frontier “model market” by the end of this year, this time near the Prek Chak International Border Checkpoint that links Kampot province to Vietnam’s Kien Giang province, according to Minister of Commerce Pan Sorasak. Sorasak unveiled plans for the market following a February 27 inspection of its […]
Read MoreThe COVID pandemic is intensifying the Kingdom’s push towards becoming a cashless society as consumers increasingly opt to conduct digital payments instead of physical transactions. In response to that push, Visa recently announced the launch of contactless payments at Total stations and Bayon Market locations across Cambodia. The company stressed that the partnerships come as […]
Read MoreCambodia is undergoing property tax reform but says it is administrative with a focus on improving the registration and valuation of properties while strengthening enforcement and compliance. The government has previously stated it will not be adding new taxes or increasing tax rates but an app to simplify collection is soon to be launched. To […]
Read MoreAccording to a study by London-based economic think tank, The New Economics Foundation (NEF), buying produce at a local farmers market or community supported agriculture programme, versus from a supermarket, leads to around double the money spent remaining in the community. “That means those purchases are twice as efficient in terms of keeping the local […]
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Thailand
