The new Law on Investment introduced by Cambodia may help improve worker productivity, given the incentives it offers on the provision of skills training, housing, nurseries, health facilities, and transportation services to workers, the World Bank said in a report. In its ‘Cambodia Economic Update June 2022,’ the bank said, “The main policy measures introduced […]
Read MoreExport growth is expected to beat the government forecast of 4-5% expansion this year after a strong performance in the first five months of 2022, according to Commerce Minister Jurin Laksanawisit. Mr Jurin said Thai exports are expected to expand further, and the ministry is confident the second half should see strong results. He cited […]
Read MoreMalaysia is allowing Thailand to export rice flour to the western part of the country after shipments were halted for almost 20 years, Commerce Minister Jurin Laksanawisit said on Sunday. The move came after a long-standing ban on issuing licences for Malaysian importers to import rice flour to the west was lifted, he said. “We […]
Read MoreXinhua – High COVID-19 vaccination rates and free trade agreements (FTAs), namely the Regional Comprehensive Economic Partnership (RCEP) and the Cambodia-China FTA (CCFTA), have been helping boost Cambodia’s economic recovery, said a World Bank economic update report released on Thursday. Cambodia’s economy will grow by 4.5 percent in 2022 and around 6 percent annually for the […]
Read MoreVietnamese families have been consuming less pork in recent months as prices increased, switching to other sources of protein like chicken and eggs. Ngoc Thao from HCMC, 32, said that one kilogram of bacon now costs between VND150,000-180,000 ($6.43-7.72), depending on whether it is purchased at a traditional wet market or a supermarket. Cheaper cuts […]
Read MoreThe Employers’ Confederation of Thai Trade and Industry (EconThai) has come out in support of a daily minimum wage hike if the increase is appropriate based on current inflation. The pay rise is currently being considered by the tripartite national wage committee. Tanit Sorat, vice-chairman of EconThai, said he expects the final rate to be […]
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