The government has guaranteed working capital loans worth Rp 100 trillion (US$6.92 billion) for micro, small and medium enterprises (MSMEs) following the launch of a loan guarantee program to help small businesses survive the pandemic. Under the guarantee program, the government has paid out Rp 5 trillion worth of credit insurance premiums to state-owned credit […]
Read MoreCambodia has seen remarkable increase of aquaculture with in the last decade, according to the Minister of Agriculture, Forestry and Fisheries. Minister Veng Sakhon, shared the notice recently underlining that Cambodia’s aquafarming rose from 50,000 tonnes in 2009 to more than 300,000 tonnes in 2019. As targeted in the ministry’s strategy, Cambodia aims to achieve […]
Read MoreSET-listed Thaicom says a joint venture it recently formed with CAT Telecom would serve as a hub for low earth orbit (LEO) satellite service in the Cambodia, Laos, Myanmar and Vietnam (CLMV) market, catering to demand for high-speed internet via 5G tech and innovative applications. The establishment of the joint venture, called Nation Space and […]
Read More[BANGKOK] Thailand’s financial system had become more vulnerable due to a weaker-than-expected economic outlook amid the coronavirus outbreak, minutes from the latest central bank policy meeting showed on Wednesday. The Bank of Thailand’s (BOT) monetary policy committee (MPC) voted unanimously on June 24 to leave the one-day repurchase rate unchanged at a record low of […]
Read MoreINDONESIA imposed a 10 per cent value-added tax on sales by technology firms including Amazon, Netflix, Spotify and Google on Tuesday, as spending patterns shift with increased remote working as a result of the coronavirus crisis, which has hit state finances. The South-east Asian country’s tax office said in a statement that it had already […]
Read MoreThe landscapes, world heritage sites, and hospitality of Cambodia have drawn increasing numbers of visitors in recent years, and at the beginning of 2020 the country was primed to see the continued growth of its tourism sector well into the new decade. Early projections estimated that Cambodia would welcome greater numbers of tourists despite the […]
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