The cabinet on Tuesday approved 1.9-trillion-baht spending to help people and businesses affected by the coronavirus disease 2019 (Covid-19), including 600 billion baht for six-month cash giveaways and 500-billion-baht soft loans for small and medium-sized businesses. The package, the third phase of the stimulus programme to shore up the economy, will be backed by three […]
Read MoreCambodian Public Bank is responding to the Coronavirus crisis by taking pro-active action to provide help to its customers in distress by restructuring and rescheduling their loans to eligible individual and business customers. Among the concessions given are offering a loan repayment postponement, allowing loan interest only to be paid and extending the loan tenure […]
Read MoreSINGAPORE: Singapore on Monday increased its cash payout to individuals and announced additional steps to save jobs as the city-state prepares to severely curtail activities to contain a spike in coronavirus cases. “The third virus-related stimulus package in two months will cost S$5.1 billion (US$3.6 billion), taking the nation’s total virus relief to almost S$60 […]
Read MoreThailand’s headline consumer price index (CPI) dropped 0.54% in March from a year earlier, the weakest in 51 months, but slightly better than expectations, commerce ministry data showed on Tuesday. The reading compared with a forecast decline of 0.60% in a Reuters poll, and with February’s rise of 0.74%. The central bank predicts the headline […]
Read MoreEfforts by foreign retailers to establish a presence in Thailand have faced an uphill climb. The closure of Japan’s Isetan and the sale of UK-based Tesco’s Asian assets to CP Group are the latest evidence underlining the difficulty of sustaining business in the Thai retail market, where local giants have flexed their muscles to become […]
Read MoreThe Myanmar Investment Comission (MIC) says it will be issuing emergency loans to around 400 small businesses that have suffered financial losses due to the COVID-19 pandemic sweeping the world. “Over 400 businesses submitted their loan application forms on April 4, and the applicants have been determined to be genuine companies that have actually suffered […]
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Thailand
