MANILA, Philippines — Almost one year since the opening up of the market, prices of Filipinos’ main staple remained low and stable at the expense of farmers who continue to earn less, following the influx of imported rice. Latest data from the Philippine Statistics Authority (PSA) showed consistent lower prices nearly a year after the […]
Read MoreThe Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) is requesting the government step in to help deal with the economic fallout caused by the COVID-19 virus outbreak affecting world trade. A meeting to layout what the government can do to ease the situation was organised by the UMFCCI on February 27. […]
Read MoreThe Hanoitimes – Vietnam, with its young demographic, growing incomes and large population, is considered a hugely promising market for retailers. Robust economic growth, rising incomes and retail sales increasing at the fastest rate in four years are making overseas retailers rush to set up outlets in Vietnam and expand quickly to tap the market. Miki […]
Read MoreThe Bank of Thailand says the economy is likely to expand by less than 1% in 2020 if the coronavirus outbreak lasts throughout the year, says a central bank senior official. If the virus continues to spread for the entire year, which is longer than the central bank’s base-case scenario, GDP growth could be lower […]
Read MoreThe General Department of Customs and Excise (GDCE) on Friday issued a set of measures to help the ailing shipping and garment sectors as the supply of raw materials from China dries up. The measures follow Prime Minister Hun Sen’s announcement that the government has drafted a plan to support businesses in the garment and […]
Read MoreAlthough tax revenues have been increasing yearly in Myanmar, the government’s spending momentum has yet to catch up, said U Maung Maung Win, Deputy Minister of Planning, Finance and Industry. Myanmar deploys just 0.3 percent of total tax revenue compared to 2pm in Vietnam, U Maung Maung Win said in a Hluttaw session on February […]
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