Cambodia’s rice exports increased by 41 percent in the first six months of the year, according to the Minister of Agriculture, Forestry and Fisheries. Agriculture Minister Veng Sakhon said that Cambodia exported 397,660 tonnes of milled rice from January to June this year, an increase by 42.25 percent, compared with 281,538 tonnes in 2019. He […]
Read MoreUp to 16,680 factory workers lost their jobs in Thailand in the first six months of the year, with 404 factories closing down, as the pandemic continues to hamper the economy, according to the Department of Industrial Works (DIW). The country has lost an estimated 25.4 billion baht in investment value from the closures. Most […]
Read MoreGlobal beverage giant Coca Cola and Coca Cola Amatil Indonesia (CCAI) have launched a campaign alongside strategic business consultant Qasa and the University of Indonesia to provide online training for warung (food stall) and small retail shops that have been hit hard by the COVID-19 pandemic. Coca Cola Indonesia spokesperson Trijono Prijosoesilo said on Monday the program, […]
Read MoreThe government will adjust quarantine measures and prepare special arrangements for potential investors, technical experts and consultants who come to the Kingdom, said senior officers of the State Secretariat of Civil Aviation (SSCA). SSCA’s spokesman Sin Chansereyvutha said yesterday the government on Monday reviewed health and safety measures for potential investors. He said the government […]
Read MoreThe banking industry’s bad loans are seen climbing higher for the remaining period of the year, but the central bank is giving assurances that commercial banks’ capital buffer is strong enough to tolerate rising non-performing loans (NPLs) if the economy shrinks 8.1% this year. “Despite signs of rising NPLs from March, it will not affect […]
Read MoreThailand’s economy is expected to be impacted severely by Covid-19, shrinking by at least 5 per cent in 2020 and taking more than two years to return to pre-virus GDP levels, according to the World Bank’s Thailand Economic Monitor, released today (June 30). The pandemic has “shocked the economy especially in the second quarter of […]
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