The International Trade Promotion Department is set on hosting more virtual trade fairs and online business activities in order to boost the country’s exports in the second half of the year. According to Somdet Susomboon, the department’s director-general, the agency is preparing a schedule of more than 30 virtual trade fairs and online business activities […]
Read MoreThe Council for the Development of Cambodia, in collaboration with the World Economic Forum yesterday held a launching ceremony of a database on supply chain treaties to provide investment facilitation for sustainable development. The ceremony was presided over by Sok Chenda Sophea, Minister Delegate to the Prime Minister, Secretary-General of the Council for the Development of […]
Read MoreMANILA, Philippines — The Philippines may suffer its sixth consecutive economic decline in the second quarter as the prolonged lockdown coupled with rising prices force families to reduce their consumption, an international think tank said. UK-based Pantheon Macroeconomics said gross domestic product (GDP) may further slip by 0.6 percent in the second quarter, with families […]
Read MoreCambodia will release 35 containers loaded with frozen meats and other frozen goods shipped from India that were stuck in Sihanoukville Autonomous Port customs control, after analysis results revealed no traces of the novel coronavirus. The containers had reportedly been shipped to the Kingdom prior to an indefinite ban imposed on May 1 on the […]
Read MoreThe cabinet on Tuesday approved in principle a measure to allow small-and-medium-sized enterprises (SMEs) to use their software or computer programme-related expenses as a deductible on corporate income tax at the rate of two times the expense in some cases, said the Revenue Department’s director-general, Dr Ekniti Nitithanprapas. The approval is aimed at encouraging SMEs […]
Read MoreThe baht opened at 31.17 to the US dollar on Wednesday, weakening from Tuesday’s closing rate of 31.10. The Thai currency is likely to move between 31.15 and 31.25 during the day, Krungthai Bank market strategist Poon Panichpibool said. He said the baht tended to move in a predictable range, as the direction of the […]
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