Trade in Muse, the Myanmar town bordering China, has picked up again after grinding to a halt in the wake of the Covid-19 outbreak, U Min Thein, vice chair of Muse rice merchants association told The Myanmar Times. He said trade activities are now running at 80 percent of their usual capacity, and should return to […]
Read MoreKasikorn Research Center (K-Research) has emerged as the most pessimistic among research houses, slashing its forecast for the country’s GDP growth this year to 0.5% on the expectation that the coronavirus epidemic will wipe 410 billion baht off tourism receipts. The downgrade is based on assumptions that the number of infection cases in China will […]
Read MoreMANILA, Philippines — Employment and unemployment growth were unchanged year-on-year in January despite the increase in the work-ready population, the Philippine Statistics Authority (PSA) said yesterday. As of January 2020, the country has 73 million Filipinos aged 15 and above available for work, more than 71.89 million higher than the same month last year. Out […]
Read MoreThe government has ordered textile firms to speedily produce 30 million pieces of washable cloth face masks in the next month to give away in Bangkok metropolitan areas to combat chronic shortages. The Industry Ministry acknowledged that textile firms should be able to produce 10 million cloth masks in one month based on their production […]
Read MoreDespite no new cases of COVID-19 reported in Cambodia since January, the government is planning new measures to tackle the financial effect the virus continues to have on the country. Speaking at the Council of Ministers this week, Meas Soksensan, general secretariat of the Ministry of Economy and Finance, said that while they can’t fully […]
Read MoreTourism operators don’t see cash giveaways as a remedy for the tourism drought, as many high spenders who have missed expensive outbound trips still have strong purchasing power. A meeting of economic leaders is set to consider a relief package that includes a 1,000-baht giveaway for people with an annual base income not exceeding 100,000 […]
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Thailand
