The Council for the Development of Cambodia (CDC) has approved two more investment projects which are expected to create almost 687 jobs for the locals. According to two recent CDC’s separate press releases, with a total investment capital of some $18.7 million, the newly approved projects are by two different companies – Boeung Ket Packaging […]
Read MoreMANILA, Philippines — Most countries in Emerging Asia, including the Philippines, should brace for double-digit declines in economic growth in the second quarter as recovery will likely be slow even after lockdown restrictions are lifted, according to London-based Capital Economics. In a new report, the macroeconomy research firm said first quarter gross domestic product (GDP) […]
Read MoreThe Hanoitimes – The decision, which is set to take effect from May 7 to December 31, is among the ministry’s measures to support enterprises and individuals affected by the Covid-19 pandemic. Vietnam;s Ministry of Finance (MoF) on May 7 issued Circular No.37 waiving 20 out of 22 securities fees by 50%. The decision, which is […]
Read MoreMANILA, Philippines — More Philippine banks are helping ease the burden of Filipinos working and living abroad affected by the coronavirus disease 2019 or COVID-19 pandemic by waiving transaction fees for remittances. For one, Philippine National Bank has extended the waiver on remittance fees for various channels up to May 31 after it lapsed on […]
Read MoreKUALA LUMPUR, May 10 — The existing conditional movement control order (CMCO) enforced nationwide will be extended to June 9, Prime Minister Tan Sri Muhyiddin Yassin announced today. In his special address on the 7th day of the CMCO, Muhyiddin said despite achieving several positive results throughout the movement control order (MCO) imposed since March […]
Read MoreCambodia’s cross border trade with Thailand fell to $1.5 million in the first quarter as the coronavirus hit the global economy and led to closure of dozens of checkpoints. The Thai Foreign Trade Department said the country’s overall cross-border trade, including transit trade, totalled 264.97 billion baht in the first three months, with Malaysia still […]
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