Oil prices in Thailand are unlikely to fall below zero in line with what happened in the US on Monday for the first time in history, as other index prices around the world remain intact. Energy expert Manoon Siriwan said local retail oil prices are still in a downward trend and will stay below US$30 […]
Read MoreBSP says flat growth is best case scenario MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) expects the economy to contract by as much as one percent this year as monetary and fiscal authorities ramp up efforts to prepare for a soft landing amid the coronavirus disease 2019 or COVID-19 pandemic. BSP Governor Benjamin […]
Read MoreA news conference held by the Ministry of Mines and Energy yesterday has shed light on the current economic impact on Cambodia’s emerging mining industry caused by the extreme volatility in commodity prices in both Cambodia and around the world. Oil extraction bleak The government’s plan to extract its first drop of Cambodian-sourced oil by […]
Read MoreThe Hanoitimes – The government is determined to maintain fast economic growth and stabilize market prices at the same time, said Prime Minister Nguyen Xuan Phuc. Vietnam is fully capable of keeping inflation below 4% targeted for this year, according to Prime Minister Nguyen Xuan Phuc. The government is determined to maintain high economic growth and […]
Read MoreJapanese hotel chain operator Okura Nikko Hotel Management Co has decided to indefinitely postpone its planned opening of a new hotel in Bangkok in May due to the coronavirus pandemic. The operator said on its website that it has reviewed the situation and decided to push back the opening of Hotel JAL City Bangkok from […]
Read MoreSingle-use plastic is making a comeback, as Thais order takeout and delivery in soaring volumes because of the pandemic. This was supposed to be the year Thailand started to phase out single-use plastic bags, in line with the government’s plastic waste reduction roadmap. At the start of 2020, major retailers agreed to stop offering plastic […]
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