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Singapore, Brunei agree on ‘reciprocal green lane’ for essential travel, applications begin today

SINGAPORE, Sept 1 — Singapore and Brunei Darussalam have agreed to establish a “reciprocal green lane,” starting this month, to facilitate essential business and official travel for residents from both countries. In a joint statement today, the Foreign Affairs ministries of the two countries said that both sides have agreed to allow cross-border travel to […]

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Myanmar plans to import over 3 million broiler chicks from Thailand in 4 months to fulfill domestic needs

To fulfil domestic needs, Myanmar targeted to import 3.79 million broiler chicks from Thailand in September as a monthly temporary project, under which the import has been conducted starting from June, according to Myanmar Livestock Federation (MLF). “Because of the coronavirus outbreak in April and May, the local broiler chicken breeders dropped the production of […]

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Cambodia: E-commerce may require a licence

The government has regulated the licence for some e-businesses, which are booming under the COVID-19 pandemic. A sub-decree on “regulating licences for types of electronic business and exemption”, which was signed by Prime Minister Hun Sen on Aug 27, states that an individual, private enterprises, entities and branches of foreign companies that operate e-commerce activities […]

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Thai banks debut new overnight repo rate THOR

Thailand has started using a new overnight repurchase rate (THOR) after a transaction between Kasikornbank and CIMB Thai Bank, the central bank said on Tuesday. The overnight indexed swap, conducted on Monday, marked a positive start for creating liquidity for market participants in using the THOR reference rate, Assistant Governor Vachira Arromdee said in a […]

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Vietnamese beer industry: market slowly recovers

Domestic beer consumption in the second half of the year is expected to improve over the first six months, while next year the beer industry can… Despite progress, beer consumption volume is unlikely to reach the figures recorded before the Covid-19 pandemic, according to SSI Research. “We believe that beer consumption volume may take several years to […]

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