A senior official of the Ministry of Commerce said negotiations on the free-trade agreement (FTA) between Cambodia and China have achieved about 70 percent success so far and they are expected to sign the agreement by the end of the year. Secretary of State of the Ministry of Commerce Sok Sopheak said that during the […]
Read MoreAgriculture Minister Veng Sakhon has ordered all agriculture departments to take immediate measures to ensure the food security of the country in response to the the outbreak of COVID-19. Veng Sakhon told the General Directorate of Agriculture to record the stock of paddy and rice in rice mills, communities and in each household to get […]
Read MoreThe Office of the Coordinating Economic Minister, which spearheads the national committee of job creation, has recorded 1.4 million applicants for the preemployment card program just a day after registration opened as companies lay off workers to survive the economic downturn caused by the COVID-19 outbreak. “Of the 1.4 million applicants, we once recorded 80,000 […]
Read MoreAn increasing number of Indonesian businesses have adopted local electronic signature (e-signature) technology during the past month as physical distancing measures make it difficult to ink contracts in person. Jakarta-based e-signature providers Digisign and PrivyID recorded growth of 50 percent and 350 percent, respectively, in customer requests from February to March, which is when the […]
Read MoreIndonesia’s revised 2020 state budget highlights lower income and higher spending against the backdrop of the coronavirus outbreak. In addressing the widening deficit, the government is resorting to tripling the nation’s debt to Rp 1 quadrillion (US$63 billion) as tax revenue is expected to slide with businesses paralyzed and households losing income during the pandemic. […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is pursuing bolder moves such as deeper rate cuts and further lowering of the reserve requirement ratio of banks as authorities eye a soft landing from the serious repercussions of the unprecedented crisis brought about by the coronavirus disease 2019 or COVID-19 pandemic on the Philippine […]
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Thailand
