The Laos-China railway has been used for the first time to carry Thai fruit to China, according to a report in Thailand’s The Nation on Monday. Two containers carrying 40 tonnes of durian and one container filled with 20 tonnes of coconuts from Rayong made their way to Thanaleng Station in Laos and entered China […]
Read MoreThe Royal Government of Cambodia has committed to implementing a comprehensive cross-ministerial action plan that will make it easier for investors to set up automotive and electrical businesses in Cambodia and increase the cost-competitiveness of their operations. Cambodia’s goal will be to move up the value chain into more complex and higher value-added components in […]
Read MoreThe proposal is set to take effect immediately once receiving approval from the Government. The Ministry of Finance (MoF) is seeking public opinions over the extension of the deadline payment of taxes and land rental fees for businesses worth VND125.3 trillion (US$5.5 billion) in 2022. The application period for the extension is subject to value-added […]
Read MoreThailand’s economy could grow 3.0%-3.5% this year, less than an earlier forecast due to soaring oil prices driven by the Russia-Ukraine war, and the key interest rate should remain low to underpin recovery, the finance minister said on Monday. Southeast Asia’s second-largest economy will, however, be supported by strong exports, which could grow 5%-6% this […]
Read MoreMANILA, Philippines — The Board of Investments (BOI) has approved incentives for a P62 million hog production project in Pampanga, which is expected to boost the country’s pork supply. In a statement yesterday, the BOI said it approved the application for registration of Zashi Hog Farm Inc. for its new project in Pampanga. The project […]
Read MoreOver the past decade, Cambodia’s sustained economic success has been mainly due to traditional markets such as textiles, construction, agriculture and tourism sectors. However, the Covid-19 pandemic has exposed the fragile nature of these markets, resulting in cross-ministerial calls for greater market variety. In a statement released prior to the ‘Automotive and Electronics Sector Roadmap […]
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