Although ASEAN member states have already ratified several transportation framework agreements to boost cross-border transport and transit between member nations, the region has yet to take full advantages of the implementation of those agreements. Four transportation agreements have been established and signed in ASEAN to facilitate cross-border transports and transit. They are framework agreements on […]
Read MoreThe Commerce Ministry is planning to help Thai businesses in Myanmar as the prolonged political conflict is affecting their liquidity, productivity and goods transport. Permanent commerce secretary Boonyarit Kalayanamit, who discussed their problems during a meeting with businesses and Thai-Myanmar border traders on Friday, promised he will suggest Commerce Minister Jurin Laksanawisit push ahead with […]
Read MoreMANILA, Philippines — The national government spent P219. 8 billion to settle its local and foreign debts in January, according to data from the Bureau of the Treasury (BTr). Debt service payments during the month were almost double the P146.054 billion in January 2020 as principal payments paid on a monthly basis increased during the […]
Read MoreThirty-one Cambodian tariff lines – mostly agricultural products – now carry the zero rate to neighbouring Vietnam for 2021-2022, the Ministry of Commerce announced on March 25. This comes as the Bilateral Trade Facilitation Agreement for 2021-2022 was formally ratified after the completion of internal procedures, with retroactive benefits for exports, the ministry said. The […]
Read MoreMANILA, Philippines — Meat importers said the recommendation of President Duterte to increase the minimum access volume (MAV) of pork imports is not enough to stabilize market prices. “It’s the right move to increase pork supply.“ However, this would not bring down the price of pork. Only with the reduction of import duty can this […]
Read MoreThe use of the US dollar is a remnant of the Khmer Rouge regime, symbolising the degradation of global confidence in Cambodia’s economic system. It is a daily reminder of the brutality that occurred during the civil war. “More than economic development, the use of the riel is a matter of our national pride,” said […]
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Thailand
