Indonesia’s headline inflation moderated for the third straight month, led by further easing in food inflation, while core inflation also edged down. The combination of benign price pressures, weak growth and easing downward pressure on the IDR suggests a rate cut by Bank Indonesia this month is on the cards said ANZ Research in a […]
Read MoreThe Finance Ministry has agreed to a plan to launch a major domestic tourism promotion next month by giving 2,000-3,000 baht vouchers to 4 million people and free trips to 1.2 million medical personnel. The campaign is aimed at boosting the economy and reviving the tourism sector, said Tourism and Sports Minister Phiphat Ratchakitprakarn. According […]
Read MoreMany retailers and restaurants, already crippled by the coronavirus pandemic, are grappling with damage to their properties and new closures following protests sparked by the death of George Floyd that have sometimes turned violent. From Minneapolis, where Mr. Floyd died while handcuffed and in police custody, to California and Georgia, big and small retailers and […]
Read MoreNikon has published a revised financial forecast, releasing its 2020 fiscal year financial results, and announcing it has had to cut ten percent of its workforce in Laos and Thailand. According to the financial report, the company is seeing a 16.6% drop year on year, with operating profit seeing a drop of almost 92% compared to […]
Read MoreThe Japanese International Cooperation Agency (JICA) will commence preliminary studies for the construction of a deep-sea port at Dawei Special Economic Zone (SEZ) this year, officials of the Dawei SEZ Committee said. “JICA first proposed the study in December 2019 but the process was waylaid by COVID-19. But we discussed the subject again on May […]
Read MoreA business-matching mobile app called Viet-Aus Trade has been launched by the Vietnam Trade Office in Australia to help connect enterprises in the two countries. Now available for free on Apple Store and Google Play, the app is expected to be introduced to thousands of importers, investors, and business associations in Australia and nearby island […]
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Thailand
