Cambodian rice exports to the US could face full tariffs after a lobby group called for the imposition of full tariffs on the crop. Currently, the Kingdom’s rice enjoys some tax-protection under what is known as the Generalised System of Preferences (GSP)-eligible commodities list. However, lobbyists USA Rice last month provided virtual testimony to the […]
Read MoreBG Container Glass (BGC), Thailand’s largest glass container packaging manufacturer by capacity, is negotiating with investors in Vietnam to buy solar farms worth over 1 billion baht as it seeks new business opportunities in renewable energy. The company expects to conclude a deal in the fourth quarter for at least two farms, with a combined […]
Read MoreThe government has guaranteed working capital loans worth Rp 100 trillion (US$6.92 billion) for micro, small and medium enterprises (MSMEs) following the launch of a loan guarantee program to help small businesses survive the pandemic. Under the guarantee program, the government has paid out Rp 5 trillion worth of credit insurance premiums to state-owned credit […]
Read MoreCambodia has seen remarkable increase of aquaculture with in the last decade, according to the Minister of Agriculture, Forestry and Fisheries. Minister Veng Sakhon, shared the notice recently underlining that Cambodia’s aquafarming rose from 50,000 tonnes in 2009 to more than 300,000 tonnes in 2019. As targeted in the ministry’s strategy, Cambodia aims to achieve […]
Read MoreSET-listed Thaicom says a joint venture it recently formed with CAT Telecom would serve as a hub for low earth orbit (LEO) satellite service in the Cambodia, Laos, Myanmar and Vietnam (CLMV) market, catering to demand for high-speed internet via 5G tech and innovative applications. The establishment of the joint venture, called Nation Space and […]
Read More[BANGKOK] Thailand’s financial system had become more vulnerable due to a weaker-than-expected economic outlook amid the coronavirus outbreak, minutes from the latest central bank policy meeting showed on Wednesday. The Bank of Thailand’s (BOT) monetary policy committee (MPC) voted unanimously on June 24 to leave the one-day repurchase rate unchanged at a record low of […]
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