Agriculture and Rural Development Bank (ARDB) is considering to lower down the interest rate from 6 percent to 5 percent to support the farmers. At present, ARDB is providing the loan from $10,000 to $300,000 with the 6 percent per annum for working capital (two years period), and investment capital is 6.5 percent per annum […]
Read MoreThailand’s economic performance in the first quarter was not good and the current quarter will be worse as the nation faces the full impact of the coronavirus pandemic, Deputy Prime Minister Somkid Jatusripitak said on Friday. The key economic drivers of exports and tourism were weak as the global economy was not good, so the […]
Read MoreThe effect of coronavirus disease 2019 or COVID-19 on the Philippine economy for the rest of the year deserves attention. The good prospects entertained for 2020 have been shattered by the onslaught of the pandemic, which required extreme measures that has put the economy to a halt. Assessing the immediate future. What is in store as […]
Read MoreIndonesia’s household spending is expected to contract this year as consumers turn pessimistic amid the COVID-19 pandemic, which has disrupted businesses and wiped out jobs. Consumer spending, which accounts for more than a half of the country’s GDP, grew by just 2.84 percent year-on-year (yoy) in the first quarter, a far cry from 5.01 percent […]
Read MoreThe internationally known “7-Eleven” convenience store brand has been marked to enter the Cambodian market in 2021, and will be operated by CP All (Cambodia) – a subsidiary of the Thai conglomerate Charoen Pokphand Group. CP All entered into a master franchise agreement with the Japanese-American owned 7-Eleven Inc. this week. CP All already operates […]
Read MoreThailand’s economy is facing a greater risk of deflation after a two-month easing of headline inflation, with global stock markets experiencing another sell-off trend this month, says Asia Plus Securities (ASP). Deflation is defined as a decline in the general prices of goods and services for six consecutive months. This week it was reported that […]
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Thailand
