The Finance Ministry predicts the 51-billion-baht cash handout to cover one-third of the population, aiming to sustain private consumption in the final quarter. The scheme will cover 24 million people in total, with 14 million holders of state welfare cards and the remainder individuals aged 18 and up, said Lavaron Sangsnit, director-general of the Fiscal […]
Read More[KUALA LUMPUR] Malaysia’s aim to attract medical tourists by focusing on curbing the coronavirus outbreak hit a roadblock as resurgences around the world limited its ability to reopen borders. Hospitals in the country can expect to earn RM800 million (S$263.1 million) of revenue from medical tourists next year, compared with RM500 million this year, according […]
Read MoreThe Kingdom’s export to the international market is under threat although the country has secured regional and global free trade agreements, according to the Ministry of Commerce (MOC). The MOC revealed this in a meeting this week to review the country’s goods export under the regional and bilateral framework to take advantage of the existing […]
Read MoreThe Indonesian government should use the COVID-19 pandemic as an opportunity to accelerate economic reforms to attract more investment after the health crisis recedes, an economist with multinational investment bank and financial services holding company HSBC has said. Joseph Incalcaterra, the chief economist for ASEAN at HSBC, said on Wednesday that the current uncertainty of […]
Read MoreMANILA, Philippines — The Philippines is making progress in addressing technical compliance deficiencies in its program against money laundering and terrorist financing, ahead of the deadline set by Paris-based global watchdog Financial Action Task Force (FATF). Based on the first follow-up report on the mutual evaluation of the Philippines obtained by The STAR, the Asia […]
Read MoreThe Hanoitimes – Goldman Sachs expected exports to be Vietnam’s major driving force for economic recovery. In 2020, Vietnam’s GDP growth is set to slow to 2.7% and rebound to 8.1% next year, according to the US-based investment bank Goldman Sachs. Goldman Sachs’ 2.7%-GDP growth forecast for Vietnam in its first ever macro-economic report on the […]
Read More
Thailand
