In a document to the government, the Vietnam Association of Foreign Invested Enterprises (VAFIE) suggested developing casino services and prize winning games as a solution to recover the economy after the epidemic ends. The Prime Minister has given instructions to quickly recover and develop domestic tourism, and prepare necessary conditions to resume international tourism once […]
Read MoreFollowing the easing of traffic restrictions in Myanmar, domestic oil consumption has risen from its trough in late April and prices are expected to remain on the upside . “Domestic consumption has just started increasing again after the past two months as there are fewer cases of the virus being reported. In April, the market […]
Read MoreThailand’s industrial confidence index stood at 75.9 in April, its lowest in 11 years, and a slight decrease across all sectors from 88 the month before. The drop is a reflection of poor confidence in the economy because of the lockdown and curfew, the drought and the private sector’s wariness of the Covid-19 pandemic. FTI […]
Read MoreSINGAPORE – Employers who need to lay off staff during this Covid-19 pandemic should provide retrenchment benefits according to their financial position, and should treat their employees with “empathy and dignity”, said the Ministry of Manpower (MOM) on Wednesday (May 20). Companies that are in sound financial position should pay out the benefits agreed on […]
Read MoreThe spending habits and behaviours of Thai consumers are changing as new habits take shape across the globe. These findings come from a Visa survey of consumers from across 40 countries, including Thailand. According to the survey, three in five Thais are forming cashless habits, preferring to pay with cards or through mobile applications over […]
Read MoreWith its early success in containing the Covid-19 pandemic, Vietnam is having a jump-start among potential investment destinations in attracting a new wave of FDI. Vietnam is under fierce competition from other countries to attract companies that are looking to shift production out of China. Last year, the escalation of the US – China trade […]
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Thailand
