The government is pinning its hopes on a growth rate of around zero percent this year as it struggles to spend a Rp 695.2 trillion (US$47 billion) stimulus budget to revive an economy reeling from the coronavirus pandemic. Finance Minister Sri Mulyani Indrawati said on Wednesday that economic growth could flatline at zero percent this […]
Read MoreThe central bank saw a need to preserve monetary policy room to use at the most appropriate and effective time, when it kept its benchmark rate steady at a record low earlier this month, meeting minutes showed on Wednesday. On Aug 5, the Bank of Thailand’s (BoT) monetary policy committee voted unanimously to leave the […]
Read MoreIndoor playgrounds were allowed to host up to 60 per cent of their normal capacity at a time, under guidelines set by the Ministry of Health (MoH) since yesterday. The general safety measures for all visitors include temperature checks, BruHealth QR code scans, using hand sanitiser, wearing face masks and maintaining social distancing. Nuraini Mohd, […]
Read MoreThe newly elected president of the Thai Hotels Association has asked the government to include expatriates in the second phase of tourism stimulus, saying those who pay tax should receive equal rights. Marisa Sukosol Nunbhakdi said the stimulus campaign for locals has run since July 18, but the slow response is a sign of weak […]
Read MoreState-owned Bank Negara Indonesia (BNI) booked a profit decline of more than 40 percent during the first half of this year as the COVID-19 pandemic caused its asset quality to deteriorate. The publicly listed bank booked Rp 4.46 trillion (US$301.34 million) in net profit in the first half of this year, down 41.6 percent compared […]
Read MoreThe Hanoitimes – An increasing influx of foreign capital shifting to Vietnam prompts higher demand for industrial estate. Vietnam’s industrial real estate has the potential to be a destination for multinational companies that are increasingly pursue the “China Plus One” strategy to diversify their operations as the global health crisis causes disruptions in supply chains. As […]
Read More
Thailand
