Finance Minister Arkhom Termpittayapaisith has instructed ministry departments to devise measures to tackle unemployment and propel the economic recovery in preparation for a full reopening of Thailand’s economy. “Businesses without money cannot hire people, therefore one of the measures to tackle unemployment is to maintain existing employment. The government can support these businesses by offering […]
Read MoreMANILA, Philippines — Strong inflows from foreign direct investments (FDIs) as well as a small contraction of remittances from overseas Filipino workers (OFWs), coupled with a sharp drop in import payments may result in record high foreign exchange buffers until next year, according to the Bangko Sentral ng Pilipinas. BSP Governor Benjamin Diokno said the […]
Read MorePETALING JAYA: The automatic loan moratorium provided many households with immediate temporary financial relief, particularly those who had lost their jobs and were experiencing income declines. “At its peak, close to 90% of household borrowers with about 87% of outstanding household loans in the banking system, were under the moratorium as most borrowers elected to […]
Read MoreThe Hanoitimes – Glenn Hughes, head of LOGOS Vietnam Logistics Venture, told Hanoitimes about his company’s opportunities and plan to contribute to the modernization of Vietnam’s logistics property sector. How do you see the impacts of Covid-19 on the logistics property industry in Vietnam? Why did the company decide to establish the new Vietnam Venture in […]
Read MoreCambodia is gearing up for bilateral trade deals with partner countries after the partial removal of the EU’s trade preferential scheme, known as Everything but Arms (EBA), on Aug 12. Experts said the Kingdom should have rammed up efforts to negotiate free-trade agreements (FTAs) with other markets long ago to prevent the sudden loss of […]
Read MoreThe Federation of Thai Industries (FTI) is worried about a further economic blow if the latest political conflict escalates, warning Thailand cannot absorb more risk during the pandemic downturn. The warning was issued on Wednesday as anti-government protesters staged a rally on Ratchadamnoen Avenue, the same venue where pro-monarchy, yellow-clad supporters gathered to receive His […]
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Thailand
