Despite the outbreak, Thailand’s non-alcoholic beverage consumption in the first quarter this year grew by 1.3% in value terms, but contracted by 0.6% in volume, says market researcher Nielsen Company Thailand. Chinta Srichintangul, executive director for retail measurement services, said the top three growth categories were functional drinks, drinking water and soft drinks. In 2019, […]
Read MoreThe Ministry of Finance has slashed administration fees in numerous sectors to help the economy get back on its feet when the COVID-19 pandemic eases. Construction companies, travel firms, banks and credit institutions as well as water resource businesses will all be given a helping hand. Reductions range from 20 to 50 percent and took […]
Read MoreMalaysia-based Pestech International Bhd, the power infrastructure specialist, is earning millions of dollars on a regular basis from three major projects in Cambodia despite the Covid-19 pandemic, according to the company’s CEO. Pestech CEO and Executive Director Paul Lim Pay Chuan believes the timing could not have been better because the group is collecting a […]
Read MoreShortages in key commodities have been reported in most of Indonesia’s 34 provinces as the nation copes with the double whammy of the coronavirus outbreak causing supply chain disruption and a dry spell hurting harvests. Garlic, sugar, chili and chicken eggs are in short supply in more than 20 provinces, while rice, a staple food […]
Read MoreThe Hanoitimes – The central bank had previously cut the benchmark interest rates by 0.5 – 1 percentage point in March. If business performance is below expectation, the State Bank of Vietnam (SBV), the country’s central bank, may reduce policy rates by another 0.25 – 0.5 percentage points in the future, according to Bao Viet Securities […]
Read MoreIn preparation for a further relaxation of quarantine guidelines in the country after the May 15, Congress is readying the passage of a “new normal” code of conduct for the whole nation to prevent any future spread of the coronavirus infection until a vaccine or some similar more permanent solution is found. A bill, which […]
Read More
Thailand
