Investment applications for 10 special economic zones (SEZs) remain low compared with those made for the flagship Eastern Economic Corridor (EEC), with the number of projects and investment value totalling 75 projects and 11 billion baht, respectively, from 2015 to April 1, 2020. According to the latest report by the National Economic and Social Development […]
Read MoreMANILA, Philippines — The peso may weaken to 52 to $1 this year as the country’s current account deficit balloons on falling remittances from overseas Filipino workers (OFWs) and tourism receipts amid the coronavirus disease 2019 or COVID-19 pandemic, according to Japan’s largest bank MUFG Bank Ltd. Leong Sook Mei, ASEAN head of global market […]
Read MoreThe Ministry of Tourism is seeking recommendations from the COVID-19-hit tourism-based businesses in order to prepare a rescue plan for the sector. Businesses such as hotels, guest houses, resorts, massage and spas, restaurants other tourism-related businesses can share their recommendations in order for the ministry to define the scale of the impact and come up […]
Read MoreSINGAPORE – Singapore’s non-oil domestic exports (Nodx) rose in April, due mainly to a jump in pharmaceuticals from a low base, Enterprise Singapore data showed on Monday (May 18). Nodx increased 9.7 per cent last month from a year earlier, backed by a 12.8 per cent surge in non-electronics exports that included a 174.3 per cent […]
Read MoreChina is urging Myanmar to move forward with several agreements made during Chinese President Xi Jinping’s visit to the country in January. During a meeting last week, Chinese ambassador to Myanmar Mr Chen Hai and U Set Aung, deputy minister of Planning and Finance, discussed how to ensure continuous development of the China-backed New Yangon […]
Read MoreWhile most businesses have been forced to downsize and have halted recruiting new staff, a recent survey has found that some companies are continuing to hire new employees as part of their strategy for faster recovery after the health crisis ends. A recently published month-long survey by Mekari, a human resource and financial solutions start-up, shows that most Indonesian companies have either frozen or reduced hiring […]
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Thailand
