The Commerce Ministry has admitted for the first time the country’s exports may shrink by more than 5% for the year after performance plunged 22.5% year-on-year in May, leading figures for the first five months to drop by 3.71% from the same period last year. Pimchanok Vonkorpon, director-general of the Trade Policy and Strategy Office […]
Read MoreCambodia along with 14 other regional nations have reaffirmed their commitment to signing the Regional Comprehensive Economic Partnership (RCEP) by the end of 2020, a joint media statement said. The intentions were made during the virtual 10th RCEP Inter-sessional Ministerial Meeting chaired by the Vietnamese Ministry of Industry and Trade in Hanoi on Tuesday. The […]
Read MoreBANGKOK (BLOOMBERG) – Thailand’s exports dropped 22.5 per cent in May from a year earlier, the biggest decline since 2009, underlining the toll the coronavirus pandemic is taking on the nation’s trade-reliant economy. May’s plunge in shipments exceeded all but one of the 16 projections in a Bloomberg survey, whose median estimate was for a decline of […]
Read MoreThe Hanoitimes – The funds will also be directed towards activities to enable economic recovery, including accelerating the execution of the investment program while deepening trade integration. The World Bank Group and the Australian government have agreed to extend their strategic partnership in Vietnam with a commitment of an additional AUD5 million (US$3.45 million) to support […]
Read MoreGoogle Cloud announced the opening of its new Jakarta region on Wednesday, bringing services closer to its Indonesian and Southeast Asian consumers. The company’s Indonesia country director, Megawaty Khie, said the Jakarta region would allow businesses to comply with national regulations and ease recovery options for consumers. “We chose Jakarta as the next region because Indonesia has […]
Read MoreThe Designated Areas for Sustainable Tourism Administration (Dasta) aims to push community-based tour packages subsidised by the government for the 1.2 million health volunteers that assisted in fighting the pandemic. The “Moral Support” tourism campaign will provide a 2,000-baht subsidy for two-day, one-night holidays to volunteers as thanks for their hard work in stopping the […]
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Thailand
