The coronavirus outbreak is driving behavioural changes, especially in combined online-offline shopping, food orders, premium and innovative products and domestically produced items, according to research firms. “Thailand is entering the fourth stage of the pandemic, where people are living with quarantine preparations,” said Somwalee Limrachtamorn, managing director of Nielsen Company Thailand. The fifth stage is […]
Read MoreKUALA LUMPUR, April 15 — The International Monetary Fund (IMF) has projected Malaysia’s real gross domestic product (GDP) to grow at a rate of nine per cent next year, the fastest among the Asean-5 countries which are expected to see a combined GDP growth of 7.8 per cent. Besides Malaysia, Asean-5 includes Indonesia, Thailand, the Philippines and Vietnam […]
Read MoreLocal tourism and visa-dispensing businesses are dealing with the domino effect of the COVID-19 pandemic. While the months of April and May are usually the time when the summer travel season begins – a peak earning time for the hospitality and tourism industry – “stay at home” orders issued by governments around the world to […]
Read MoreMANILA, Philippines — The country enjoyed a surplus of $839 million in its balance of payments (BOP) position in February, 78 percent higher than the $467 million recorded in the same month last year as more dollars flowed into the country, according to the Bangko Sentral ng Pilipinas (BSP). The BOP surplus in February reflected […]
Read MoreThe State Logistics Agency (Bulog), a governmental body responsible for securing the staple food supply, plans to ask for an additional Rp 10 trillion (US$637 million) from the government to buy rice from farmers to augment rice stocks. The agency’s director of operations and public service, Tri Wahyudi Saleh, said in Jakarta on Wednesday that the […]
Read MoreThe Commerce Ministry is scheduled to meet manufacturers, modern trade operators and department stores on Thursday to ask for cooperation on lowering prices of essential goods for consumers, with a focus on food and daily use products to reduce the cost of living for people hurt by the pandemic. Local diesel prices, which is a […]
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Thailand
