The third wave of Covid-19 brought the number of daily infections and deaths to a record high, and threatens to do the same for unemployment figures. The National Economic and Social Development Council (NESDC) sounded the alarm last Tuesday on soaring unemployment rates in 2021. One sign is a 9.1% contraction of GDP for micro […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – Bank lending inched up 0.1 per cent in April on higher consumer loans, data from the Monetary Authority of Singapore (MAS) showed on Monday (May 31). Loans through the domestic banking unit – which captures lending in all currencies but reflects mainly Singapore-dollar lending – came in at $692.17 billion […]
Read MoreThe customs sector will continue to introduce measures to help Vietnamese enterprises fully tap the benefits brought about by FTAs Vietnam has signed with foreign partners, an official from the General Department of Vietnam Customs has said. According to Au Anh Tuan, Head of the Customs Supervision and Management Division under the General Department of […]
Read MoreMANILA, Philippines — Rallying oil prices and power rates likely pushed up inflation in May, putting it beyond government target for fifth straight month, the Bangko Sentral ng Pilipinas reported Monday. In a statement, the BSP’s Department of Economic Research pegged this month’s inflation at 4-4.8%. If the upper-end of the forecast range is realized, […]
Read MoreChinese businesses have signed an agreement to purchase nine types of agricultural produce from Laos in a deal worth over USD 1.5 billion. The nine agricultural products China will purchase from Laos include beans, cassava flour, frozen beef, cashews, mangos, durian, soybeans, bananas, and sugar, according to a report by Pasaxon Newspaper. A signing ceremony took place […]
Read MoreThe hospitality and tourism industry has been hammered by the restrictions of Covid-19. Khmer Times’ Gareth Johnson spoke with Sivlin Chhay, president of the Cambodia Association of Travel Agents (CATA) as it copes with its biggest crisis since it was born in 1996. That year, the association brought tourist agencies of all sizes across the […]
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Thailand
