The National Bank of Cambodia has started implementing various policy measures to promote the use of riel in the economy based on market mechanisms. The use of riel has been facilitated through the development of electronic payment systems and other policies. For instance, ‘Fast Payment’, ‘Retail Pay’, ‘Bakong’ and other electronic payment systems have made […]
Read MoreThailand’s rice exports are expected to exceed 8 million tonnes this year, driven by the weakness of the baht and rising demand in the global market, according to veteran trader Chookiat Ophaswongse. Mr Chookiat, an honorary president of the Thai Rice Exporters Association, said Thai rice shipments reached 1.5 million tonnes in the first two […]
Read MoreCambodian Commerce Minister Pan Sorasak said on Monday that the trade deal is a key driver for economic recovery in the participating countries both during and after the pandemic. The minister was speaking at a workshop titled “RCEP: Implications, Challenges, and Future Growth of East Asia and ASEAN” that was held by the Cambodian Ministry […]
Read MoreMANILA, Philippines — Foreign arrivals in the country are not likely to return to pre-pandemic levels until 2024 under the best possible scenario, the Pacific Asia Travel Association (PATA) said. Data provided by PATA to The STAR showed that visitor arrivals in the Philippines are expected to reach almost 10 million by 2024 under a […]
Read MoreDistribution company Sahapattanapibul said on Saturday that it reckons the price of Mama instant noodles will be increased to 7 baht a packet due to the rising cost of production. The company’s president Vethit Chokwatana, however, admitted that the final decision would depend on the government. A source from Sahapattanapibul, meanwhile, said the company is […]
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Thailand
