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4 Asian countries bid to supply rice to Philippines

MANILA, Philippines — Four Asian countries have expressed interest to supply the Philippines with 300,000 metric tons of rice under a government-to-government scheme, the first for the country since the industry was liberalized. During Monday’s online G2G bidding, Myanmar, Thailand, Vietnam and India submitted their bids for the supply of imported rice with 25 percent […]

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98 percent plunge in passenger traffic in Cambodia’s three international airports

While regional airlines are awaiting lifting of border restrictions to mount international flights, Cambodia’s skies are still off limits to international flights besides that already being plied between several countries such as China, South Korea and Taipei. In recent weeks, countries mainly in Asia are resuming domestic travel and gradually reopening international borders and easing […]

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Thailand: Post-Covid business resilience

As Thailand cautiously reopens for business, companies that seek ways to re-emerge from the turbulence caused by the coronavirus and face future challenges may embrace sustainability as a path to resilience, growth and innovation. At the heart of business sustainability is a recognition of the impact and interdependence of social and environmental systems (and the […]

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Philippines: Century Properties profit falls 24% in Q1

MANILA, Philippines — Century Properties Group Inc. (CPG), the listed property developer of the Antonio family, posted a net income of P290 million in the first quarter of the year, down by 24 percent from P384 million a year ago. Consolidated revenue stood at P2.8 billion during the period, flat compared to the P2.77 billion posted […]

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Cambodia: Phnom Penh Mega mall ready by 2022

The construction of the Chip Mong 271 Mega Mall is 20 percent complete after it broke ground in August 2018 and be ready to serve customers by 2022, according to the senior executive of the Chip Mong Retail. It’s planned to be 150,000 square meters, five floors, with car parking space for 2,000 cars and […]

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