In the last 18 months, lockdowns and social distancing have been imposed on four occasions. As a result, many enterprises have had to reinvest or restart business because of disrupted production chains during the social distancing periods. The fourth wave of Covid-19 is different from the previous ones as it is a larger scale, with […]
Read MoreConsumer and business sentiment plunged to record lows in May as both sectors fretted over the serious impact of the third wave, increased political instability and a delay in the government’s vaccine distribution plan. The University of the Thai Chamber of Commerce (UTCC) reported on Thursday the consumer confidence index fell to 44.7 in May […]
Read MoreMANILA, Philippines — The Philippines’ dollar reserves slightly went down in May after the government withdrew cash from the country’s dollar stock to settle its maturing debts. What’s new The country’s gross international reserves amounted to $106.98 billion in May, down 0.68% month-on-month, the Bangko Sentral ng Pilipinas reported Friday. Why this matters Foreign reserves […]
Read MoreMinister of Environment Say Samal expressed his desire to turn Preah Sihanouk province into a “blue” economic hub at a roundtable dialogue on charting a path to ensure the sustainability of the East Asia Seas. The discussion was hosted by the Partnerships in Environmental Management for the Seas of East Asia (PEMSEA), of which Cambodia […]
Read MoreThe Bank of Thailand has allowed banks to pay interim dividends as lenders are strong with sufficient capital to withstand the impact of Covid-19 outbreaks, Governor Sethaput Suthiwartnarueput said on Thursday. Banks are allowed to pay interim dividends not exceeding last year’s dividend payment rates and up to 50% of first-half net profits of 2021, […]
Read MoreThe third wave of the pandemic is projected to end in July, which could support Thai economic growth of 5% in the final quarter this year if the government can maintain a vaccination rate of 400,000 doses per day, says Kasikorn Research Center (K-Research). The government plans to vaccinate around 400,000 people daily under its […]
Read More
Thailand
