The 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 […]
Read MoreKUALA LUMPUR: Given the drop in global trade from the Covid-19 outbreak, coupled with a global tech downcycle and weaker commodity prices, the downside risks on Malaysia’s exports and imports are expected to remain in the near future. AmBank Research said the downside risks on Malaysia’s exports and imports are reflected by the poor manufacturing […]
Read MoreMANILA, Philippines — Philippine banks are sufficiently capitalized and are less likely to be affected by the impact of the coronavirus disease 2019 (COVID-19) global outbreak, according to Fitch Ratings. The debt watcher said the Philippine economy’s exposure to Chinese flows is relatively light and the banking system’s credit exposure to the hospitality sector is […]
Read More[MANILA] Philippine annual inflation slowed for the first time in four months in February as the costs of food, transport and utilities eased, the statistics agency said on Thursday. Consumer prices rose to 2.6 per cent in February from a year earlier after a 2.9 per cent rise in the previous month. Analysts in a […]
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Thailand
