IT will be the most in-demand job category in the wake of the coronavirus pandemic as organisations gear up for digital transformation, says job portal JobsDB Thailand. Up to 7 million employees are expected to be out of a job during the crisis, the company said. “Some 25% of Thai employees indicated that the virus […]
Read MoreThailand’s food export value is expected to dip by 3% this year from an earlier target of 1.02-1.06 trillion baht, as exporters believe the industry will be slow to recover from the impact of the pandemic. The months-long business shutdown, ban on inbound flights, weak purchasing power and recent baht appreciation have all dealt a […]
Read MoreIndonesian ride-hailing decacorn Gojek announced on Tuesday evening that it would lay off 430 employees, around 9 percent of its total workforce, as the COVID-19 pandemic has battered demand for its lifestyle services. The layoff follows the company’s plan to close down its lifestyle division GoLife, which includes massage and cleaning services, as well as […]
Read MoreMANILA, Philippines — Four in 10 Filipinos expect their quality of life to worsen in the next 12 months amid the coronavirus disease 2019 (COVID-19) pandemic, according to a recent Social Weather Stations (SWS) survey. The poll, taken from May 4 to 10, found 43 percent of the respondents expecting their quality of life to […]
Read MoreHospitality groups continue to call on the government to provide an exit strategy from the lockdown of the Kingdom’s bars, clubs and KTV’s – so struggling owners can implement business plans, but some are deciding to quit. The renewed call came after Thailand announced yesterday it will be allowing its bars, karaoke parlours and other […]
Read MoreThe Bank of Thailand’s capital distribution restrictions, announced last Friday in response to the coronavirus pandemic, provide further support to Thai banks’ capital buffers and are in line with regulations in other countries, says Fitch Ratings. Thailand is asking banks to suspend 2020 interim dividend payments and share buybacks and to prepare capital management plans […]
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