The government is ramping up sugar production and working to attract more investment in the industry to prevent a shortage of the commodity and price hikes in 2021 as the country seeks to recover from the pandemic downturn. The Agriculture Ministry is preparing to work on intensification of 200,000 hectares of land on Java island […]
Read MoreMANILA, Philippines — The country’s fiscal deficit widened by almost three-fold from January to October as government spending continued to outpace revenue generation, the Bureau of the Treasury (BTr) reported yesterday. According to the latest cash operations report of the BTr, the government’s budget shortfall from January to October reached P940.6 billion, a sharp 170 […]
Read MoreThe rapid development of technology is a threat to workers, as robots can now replace many hotel and bank officers. A representative of a bank said the average time customers have to wait to make transactions at banks has been cut by 30-40 percent thanks to AI technology application. When customers come to the counter, […]
Read MoreCP All Public Co Ltd has release a statement that the expansion of its 7-Eleven convenience stores to Cambodia and the Lao PDR will take place as planned. The statement was released following Thailand’s The Nation report on Nov 20 that CP All, the local operator of 7-Eleven convenience stores, had suspended its plan to […]
Read MoreThailand’s economic recovery momentum gained traction thanks to quarter-on-quarter GDP growth in the third quarter, with exports and public investment expected as the main growth drivers for next year, says a research house. GDP contraction has been upgraded to 6.4% from a 10.3% decline projected previously, attributed to an improved revision of all economic indicators, […]
Read MoreSINGAPORE: Singapore’s financial regulator will stick with its plans to award digital banking licences by the end of the year, undeterred by tightening scrutiny in China and the United States that’s hitting major Chinese applicants. “Regulatory tightening that’s happening in China will not have an impact on the digital banks here, ” Ravi Menon, managing […]
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