The Treasury Department has proposed a 50% reduction in rental fees for state lands used for commercial purposes by businesses to reduce operators’ financial burdens and help maintain the employment rate. Details of the rental reduction are being deliberated, along with conditions for renters, said director-general Yuttana Yimgarund. For instance, business operators would have to […]
Read MoreMANILA, Philippines — Local farmers are claiming an undervaluation in rice imports by nearly P1 billion for the first four months of the year. The Federation of Free Farmers (FFF) is calling anew on the government to immediately investigate the alleged undervaluation and the wrong application of tariff rates on rice imports, which have reportedly […]
Read MoreCambodia’s coastal province of Preah Sihanouk has so far received a total of 194 tourism projects worth about $30 billion. The update was shared yesterday by Preah Sihanouk Provincial Governor Kuoch Chamroeun in a press conference here in Phnom Penh. The move will contribute essentially to the tourism industry in the province listed among the […]
Read MoreThe Thai Bankers’ Association (TBA) is considering extending debt restructuring measures as the domestic economic recovery should take a couple of years. The banking industry has been focusing on helping customers ease their burden via several methods of debt restructuring. Under the Bank of Thailand’s debt restructuring scheme, this allows debtors to suspend principal and […]
Read MoreThe Council for the Development of Cambodia has approved a total capital of $89.4 million for two more investment projects covering bags and beer production. According to a press release yesterday, the said project is expected to create 1,600 jobs for the locals. The first project to be conducted in Kampong Speu province which belongs […]
Read MoreThe Hanoitimes – The commercial flights must ensure safe measures to prevent Covid-19 transmission. On June 10, Prime Minister Nguyen Xuan Phuc asked the Ministries of Foreign Affairs, Health and Transport to consider resuming air travel services to select destinations which are safe from the Covid-19 pandemic. The possible desinations could be China, Taiwan (China), South […]
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