The Thai Chamber of Commerce has proposed the government tweak laws and regulations that remain obstacles to ease of doing business, facilitating foreigners to stay longer in Thailand to help quickly revive the economy once Covid-19 infections ease. Sanan Angubolkul, the chamber’s chairman, said he held a discussion on the subject with Deputy Prime Minister […]
Read MoreSINGAPORE – Local companies’ business confidence for the third quarter improved marginally amid an upbeat outlook for the financial, manufacturing and wholesale sectors, according to a survey out on Monday (June 14). However, the outlook for the construction and transportation sectors remained downbeat. The overall Business Optimism Index (BOI) rose to +4.07 percentage points for the July-September […]
Read MoreJAKARTA: Indonesia’s benchmark interest rate of 3.50% was already low, central bank governor Perry Warjiyo said on Monday, while also underlining the central bank’s efforts to accelerate bank lending ahead of a policy review this week. “We’re continuing to push for interest rate transparency (among banks) because BI’s benchmark has gone down sharply since last […]
Read MoreMany Vietnamese tycoons regret that the largest beer company in Vietnam, the Saigon Alcohol Beer and Beverage Joint Stock Corporation (Sabeco), has fallen into the hands of Thai investors. When the state divested capital from Sabeco, many Vietnamese enterprises wanted to acquire it, but no Vietnamese corporation qualified to enter the final list. Small and […]
Read MoreThe government recently relaxed the loan terms for tourism businesses to encourage more micro, small and medium enterprises to avail of the loan program. In a statement, the Department of Tourism (DoT) said that under the relaxed terms of the Coronavirus disease 2019 (Covid-19) Assistance to Restart Enterprises (Cares) for Travel program, the grace period […]
Read MoreAfter months of continuous trade surplus, Vietnam witnessed the return of a trade deficit in May, but it is too early to conclude whether this represents a new trend in the balance of trade though a bumpy road remains ahead for businesses. According to the General Statistics Office of Vietnam (GSO), the country earned $26 […]
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Thailand
