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Cambodia’s GHG emissions remain relatively low

The overall greenhouse gas emissions (GHG) in the country remain relatively low, according to the International Monetary Fund (IMF) assessment. The GHG is projected to increase to 155 million tons of CO2 equivalent in 2030, growing from Cambodia government’s 2016 estimate by 24 percent “Emissions under all Business-As-Usual (BAU) scenarios indicate a steady increase by […]

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Thailand: Domestic subsidy to be reduced

The subsidy scheme for domestic tourists might be reduced to 500,000 rooms from 1.5 million after the cabinet this week cut the proposed budget of 8.7 billion baht by half, according to the Tourism Authority of Thailand (TAT). TAT governor Yuthasak Supasorn said the majority of the revised budget worth 4 billion baht will be allocated […]

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Vietnam ranks low in total workforce index ranking in 2022

Vietnam is in 47th place among 60 labor markets worldwide in terms of the workforce index while ranking lowest among 11 nations in the Asia-Pacific region, according to ManpowerGroup’s total workforce index 2022 global analysis. The Top 10 global labor markets in 2022 comprise the United States, Singapore, Canada, Ireland, Australia, England, Israel, the Philippines, […]

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Philippines: BOI-approved investments up 11%

MANILA, Philippines —  Approved investments by the Board of Investments (BOI) rose by 11 percent to P729 billion this year, driven by investments in the power sector. “The 2022 BOI Approval levels clearly indicate that despite the lingering effects of the pandemic, especially in the first half of the year, coupled with global decline in […]

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Cambodia set to explore new markets for GFT

Cambodia will expand its garment, footwear and travel goods (GFT) export market to more countries in its bid to remain competitive in the industry, especially in the wake of challenges from the European Union (EU) market, under a new policy directive for the sector. The country’s GFT Development Strategy 2022-2027, discussed recently during the launch […]

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