The Association of Thai Travel Agents (Atta) is banking on the country to reopen by the fourth quarter as the tourism industry faces another setback following a new wave of infections, which has dampened the outlook for Phuket’s sandbox model due to start in July. Sisdivachr Cheewarattanaporn, newly-elected Atta president, said the reopening plan in […]
Read MoreThe Ministry of Commerce on April 21 launched an online marketplace with virtual booths to sell essential groceries to people during the ongoing coronavirus lockdown in Phnom Penh and adjacent Takhmao town in Kandal province. In an April 21 press release, the ministry invited the public to visit the platform at shop.moc.gov.kh and listed five […]
Read MoreMANILA, Philippines — The Philippine economy remains fragile amid the still limited boost in consumer and business confidence as COVID cases continue to escalate, the Asian Development Bank (ADB) said. In a webinar yesterday, ADB country director Kelly Bird said there remains a huge uncertainty in the economy especially with the still increasing COVID-19 cases. […]
Read More[BANGKOK] Thailand’s economy could lose US$3.19 billion a month, mainly in the service sector, a university said on Thursday, as the tourism-reliant nation deals with a third Covid-19 wave and a highly contagious variant. The new outbreak, which has seen over 18,000 cases in just 22 days, might reduce the number of workers by 149,000 […]
Read MoreThe pandemic has changed the way Thais shop. Ipsos market research polled 3,000 people in six Southeast Asian nations and found Thais ranked second, with household spending decreasing 80%, following Indonesia which had the largest drop at 82%. While people from Singapore, Malaysia, Indonesia, the Philippines and Vietnam are confident about the improving economy, Thais […]
Read MoreSINGAPORE – The World Economic Forum ranked Singapore ahead of all Asian countries in its Energy Transition Index (ETI) 2021 that reflects the progress towards a more inclusive, sustainable, affordable and secure energy system. The index that benchmarks 115 countries also assesses their readiness to energy transition and the current performance of energy systems across […]
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