The Kingdom’s financial sector remains largely resilient and stable despite the latest COVID-19 outbreak, according to Say Sony, senior vice-president and chief marketing management of PRASAC microfinance deposit-taking institution (MDI). He said he does not know the ultimate impact of the so-called Feb 20 community incident, caused by four Chinese nationals escaping from quarantine at […]
Read MoreMANILA, Philippines — Remittances contracted for the second straight month in January, declining by 1.7 percent as more overseas Filipino workers (OFWs) are still being displaced worldwide, a year after the COVID-19 outbreak was declared a global pandemic, according to the Bangko Sentral ng Pilipinas (BSP). Data released by the central bank showed personal remittances, […]
Read MoreBrunei is one of the 69 destinations that shut their borders to tourism, said World Tourism Organization (UNWTO) in its report published this week. One in three destinations worldwide are now completely closed to international tourism. According to the latest data from the UNWTO, the emergence of new variants of the COVID-19 virus has prompted […]
Read MoreState Quarantine (SQ) hotels are urging the government to unlock the market to Thai returnees arriving on semi-commercial flights, calling for a clear timeline if there are plans to terminate this programme. Thienprasit Chaiyapatranun, executive director of Patra Hotel, one of the SQ facilities in Bangkok, said many SQ hotels abandoned the programme as they […]
Read MoreIndonesia, a top supplier of a key battery metal, will aim to boost sales of electric vehicles with a new regulation that will cut tax breaks for hybrid cars. Battery-powered electric vehicles will retain their 0% luxury tax rate, while plug-in hybrid vehicles will see their tariff increase to 5% from 0%, according to a […]
Read MorePETALING JAYA: Malaysia External Trade Development Corp (Matrade) has launched its new enhanced Guidelines for Services Export Fund (SEF) and three new activities to enhance the exports of services. “The SEF is an effort to facilitate and enhance capabilities of Malaysia Services Providers (MSPs) in gaining market access into overseas projects, ” Matrade said in […]
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Thailand
