KUALA LUMPUR: The world’s largest condom maker Karex Bhd is venturing into the business of making medical gloves. The company, in a filing with Bursa Malaysia today, said its wholly owned Innolatex (Thailand) Limited (ITL) is planning to set up a new manufacturing facility at its existing plant in Hatyai with the capacity to produce 2.5 billion […]
Read MoreHONG KONG: Hong Kong has restarted discussions with Japan, Thailand and a handful of other countries over setting up travel bubbles, commerce chief Edward Yau said on Monday, given a mutually recognised coronavirus testing mechanism is established. Addressing a webinar held by the Hong Kong Productivity Council on small business promotion amid the coronavirus pandemic, […]
Read MoreHoteliers keep on implementing cost reduction strategies to deal with the liquidity crunch, hoping local demand can improve upon disastrous earnings in the second quarter. The pandemic had a major impact on the hospitality industry, with large hotel management and investment companies reporting tremendous setbacks in the first half. Central Plaza Hotel Plc (Centel) reported revenue […]
Read MoreThe Office of SME Promotion (Osmep) is providing a second series of low-interest loans to retail small and medium-sized enterprises (SMEs) with a combined sum worth 1.2 billion baht, aiming to enhance financial liquidity and loan access. The funds for the loans come from the 4.89-billion-baht SMEs One loan scheme that started in June 1, […]
Read MoreExports showed signs of recovery, with July figures registering a smaller drop of 11.4% year-on-year after a 23.2% fall in June, which was the weakest pace since July 2009. Pimchanok Vonkorpon, director-general of the Trade Policy and Strategy Office under the Commerce Ministry, said the strong expansion came from food products (cassava products; palm oil; […]
Read MoreThe two-way trade between Cambodia and Thailand was valued at $4,555 million in the first seven months of this year, a 10.8 percent decrease compared to the same period last year. From January to July, Cambodia exported $839 million worth of products to Thailand, a year-on-year decline of 21.13 percent, according to figures from Thailand’s […]
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