The International Monetary Fund (IMF) has forecast Cambodia’s GDP growth to accelerate from 4.2 percent this year to 6.0 percent in 2022, which would put the country among the fastest growing ASEAN economies next year. In its World Economic Outlook released in Washington Tuesday, the IMF also projected that Cambodia would have the region’s most […]
Read MoreConsumer spending is expected to decline by up to 50 billion baht a month as a result of the new outbreak of Covid-19 which also threatens to cause a further drop in the Consumer Confidence Index over the next three months, says the University of the Thai Chamber of Commerce (UTCC). The longer the government […]
Read MoreSingapore will revise its port dues rates to fund the increased costs of operating and maintaining the Port of Singapore, according to the Maritime and Port Authority of Singapore (MPA). MPA said the revision is also to encourage vessels to make faster turnarounds in the port to allow more ships to be served within the […]
Read MoreIPOH, April 9 — Home Minister Datuk Seri Hamzah Zainudin today said no policy decision has been made yet to allow foreign workers back into the country despite an increasingly pressing need for them. As an example, Hamzah said about 40,000 foreign workers are required for the farming sector alone. “Many companies have requested foreign […]
Read MoreYANGON: Two years after opening his garment factory in Myanmar, Li Dongliang is on the verge of closing down and laying off his 800 remaining workers. Business had been struggling because of the Covid-19 pandemic, but after a Feb 1 coup that sparked mass protests and a deadly crackdown, during which his factory was set […]
Read MoreMore than 54 million mobile phones were produced in Vietnam in the first three months of 2021. The phone and phone component industry also earned revenue of over US$14 billion in the same period. Production of electronic products, computers and optical products continued to grow in the first quarter of 2021 with an increase of […]
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Thailand
