With the global economic slowdown and the spreading coronavirus, Thailand’s investment applications are likely to fall below last year’s 756 billion baht, according to the Board of Investment (BoI). Duangjai Asawachintachit, secretary-general of the BoI, said it’s difficult to set a target for investment applications this year because of a slew of risk factors, particularly […]
Read MoreMANILA, Philippines — More Filipinos are saving up their money to prepare for emergencies particularly health and hospitalization, according to a survey conducted by the Bangko Sentral ng Pilipinas (BSP). According to the first quarter Consumer Expectation Survey (CES) conducted by the BSP, the percentage of households with savings reached an all-time high of 37.8 […]
Read MoreIn an exclusive interview with Khmer Times reporter Yeshi Dema, Kotaro Tanaka, deputy chief representative of Japan International Cooperation Association (JICA), explains the mission of the government-to-government’s organisation in the country. KT: What is the role of JICA in Cambodia? Kotaro: We support the Cambodian government’s efforts in reforming, developing and improving both the economy and […]
Read MoreThe average monthly wage increased by BND33, from BND1,593 in 2018 to BND1,626 in 2019, with locals earning on average BND551 more than foreigners. This was based on a report recently released by the Department of Economic Planning and Statistics (DEPS), under the Ministry of Finance and Economy. The report, the Labour Force Survey (LFS) […]
Read MoreSlower economic activity because of the enhanced community quarantine (ECQ) in Luzon pulled down actual collections by the Bureaus of Internal Revenue (BIR) and of Customs (BoC) for the month of March, the Department of Finance (DoF) said on Sunday. In a statement, the Finance department highlighted that both bureaus only hauled in a combined […]
Read MoreEstimating and comparing companies’ results in the first quarter since the Covid-19 outbreak is more a guessing game than a science. By any measure, though, the outlook for Thailand Inc is more bleak than for peers across Southeast Asia. Earnings predictions for companies in the MSCI Thailand Index have been slashed by 23% on average […]
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