The private sector yesterday hailed the government’s easing measures to allow some businesses to start reopening on Sunday, saying the reopening will help spur people to go shopping and provide liquidity to operators. Kalin Sarasin, chairman of the Thai Chamber of Commerce, said the relaxing by the government to allow some businesses, such as small […]
Read MoreKrisEnergy (Apsara) Company Ltd, the concession holder for Cambodia’s Block 1 offshore oil field has secured a credit facility agreement of $87 million. The credit facility agreement was signed with Kepinvest Singapore Pte and constitutes project financing for the funding of the funding of the development of the Group’s near-term development project at Cambodia Block […]
Read MoreMANILA, Philippines (Updated 3:46 p.m.) — Online casino centers will partially resume operations to help raise funds for the government’s massive response to the coronavirus disease-2019 (COVID-19) outbreak, Malacañang announced Friday, insisting that the highly controversial industry forms part of the country’s business process outsourcing sector, not the gaming sector. In a text message to reporters, presidential […]
Read MoreThe Minister of Commerce has urged the ministry’s trade policy making committee to continue preparing and drafting more trade policies to promote the Kingdom business potential. Pan Sorasak, Minister of Commerce, said during that the e-commerce law and consumer protection law, which have been put in place since late last year are being well implemented. […]
Read MoreAn increase in electricity rates has taken Lao residents by surprise amid an economic downturn due to the Covid-19 pandemic, with many turning to social media to air their complaints. In March, the Prime Minister’s Office accepted a proposal to increase the electricity rate incrementally from 2020 to 2025, set to begin from 1 May this year. […]
Read MoreThailand’s gems and jewellery sector has suffered from the pandemic, with the Gem and Jewelry Institute of Thailand (GIT) forecasting exports to contract this year. Duangkamol Jiambutr, director of GIT, said the rate of the contraction will depend on how long the pandemic spreads. Prior to the outbreak, GIT forecast shipment growth of 3% this […]
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