Thirty Cambodian garment factories have signed up for the EU-funded Switch Garment auditing process, with 20 more slated to join the initiative by the end of the year. The initiative is meant to reduce carbon greenhouse emissions. The Global Green Growth Institute estimates that improved energy practices in Cambodia’s garment production could reduce greenhouse gasses […]
Read MoreThe Consumer Price Index (CPI) in June 2021 increased by 1.7 per cent year-on-year compared to June 2020. Prices of food and non-alcoholic beverages increased by 1.6 per cent. Meanwhile, non-food prices increased by 1.7 per cent. The CPI increase was largely attributed to increases in the prices and costs of transport (seven per cent); […]
Read MoreMANILA, Philippines — More foreign portfolio investments – commonly known as hot money – flowed out of the country in July after global debt watcher Fitch Ratings downgraded its outlook on the Philippines as the country struggled to contain the COVID-19 outbreak, the Bangko Sentral ng Pilipinas (BSP) said. Latest data released by the central […]
Read MoreSecurities stocks have seen significant growth in market prices thanks to mergers and acquisitions (M&A) in Vietnam. APG Securities JSC (APG) have risen 43 per cent for two weeks with six sessions witnessing prices touching the ceiling. APG shares are now being traded around VND16,350 (US$0.72) per share. Louis Capital Joint Stock Company (TGG) announced to […]
Read More20% percent of businesses will not likely survive the Covid-19 pandemic, a professor from the Asian Institute of Management (AIM) said. AIM Professor Rene Domingo during the recent “How businesses can recover and thrive during the crisis” said that businesses that won’t survive the pandemic crisis regardless of what they do and the amount of dole-outs they get are those that […]
Read MoreThe Board of Investment (BoI) anticipates that the value of investment project proposals under its tax privilege programme, especially in such high-tech industries as electronics, will reach a 500-billion-baht target this year despite the volatile Covid-19 situation. While posing a challenge to the global investment environment, the pandemic has also sped up digital industry development, […]
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