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Thailand: Trade Competition Commission sets up protection for restaurants

The Trade Competition Commission (OTC) is setting guidelines for online food delivery services to prevent unfair trade practices and keep online food delivery platforms from taking advantage of restaurants. Santichai Santawanpas, the commissioner of the Office of Trade Competition Commission (OTCC) and the office’s spokesman, said the commissioners have already finished the draft guidelines to […]

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Philippines: OFW remittances may drop by $5 billion this year

MANILA, Philippines — Remittances from overseas Filipino workers (OFWs) may drop by $5 billion this year as emerging markets, including the Philippines, face numerous challenges brought about by the coronavirus pandemic, according to Metropolitan Bank & Trust Co. (Metrobank). Pauline Revillas, research analyst at Metrobank, said the weak global demand, lower foreign direct investments (FDIs) […]

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