MANILA, Philippines — The Department of Energy (DOE) intends to continue offering oil and gas prospects under its Philippine Conventional Energy Contracting Program (PCECP) after it received bids for only four out of 14 pre-determined areas (PDAs) amid challenges in the country’s upstream sector. During the opening of bids yesterday, the DOE received an application […]
Read MorePeople in Asean are positive about completely automated interactions with brands, according to the Adobe Experience Index, which gauges consumer expectations. The global index, which surveyed eight global markets, looks into consumer attitudes towards technology, automation, human interaction and future innovations. These eight markets consist of India, Asean, the US, Britain, France, Germany, Japan and […]
Read MoreThe 5th Cambodia-Thailand Tourism Technical Working Group Meeting concluded yesterday with the countries pledging to strengthen cooperation to attract more tourists. For in depth analysis of Cambodian Business, visit Capital Cambodia During the meeting, held in Thailand’s Trat province over three days, the two countries agreed to work together to facilitate tourist travel, particularly by promoting […]
Read MoreKUALA LUMPUR: Malaysian palm oil futures fell nearly 2% on Monday, weighed down by gains in the ringgit and tracking losses in related edible oils. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange was down 1.6% at 2,156 ringgit ($516.41) per tonne to mark a third straight session of […]
Read MoreCENTRAL Provident Fund (CPF) contribution hikes for older workers will kick off on Jan 1, 2021, with employers and employees each increasing their contribution by either 0.5, or 1 percentage point, depending on the age bands. Subsequent increases will not exceed 1 percentage point for either the employer or the employee, according to details released […]
Read MoreA visa waiver for Chinese and Indian visitors is necessary for Thailand to boost tourism amid a sluggish global economy and stiff competition, says Chairat Trirattanajarasporn, president of the Tourism Council of Thailand. Mr Chairat said he agreed with the concerns raised by the Foreign Ministry over national security issues from an influx of arrivals […]
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