Thailand climbed one spot to 28th in the 2021 world competitiveness rankings conducted by the Institute for Management Development (IMD), boosted by improvements made in employment and public finances. However, among its peers within Asean, Malaysia and Indonesia made the greatest gains rising two places to reach 25th and three spots to reach 37th, respectively. […]
Read MoreSingapore has sought the cooperation of the Tourism Ministry to organise a tourism fair or an exhibition to revive the tourism sector that has been badly affected by the unprecedented Covid-19 pandemic Singapore Ambassador to Cambodia, Ms Teo Lay Cheng made this request when she met the Minister of Tourism, Thong Khon yesterday. She said […]
Read More* Key rate kept at record low of 3.50% * C.bank governor pledges to keep stabilising rupiah * Sees prospect of Fed tapering from Q1 2022 (Adds economist comment, new governor quote) JAKARTA, June 17 (Reuters) – Indonesia’s central bank held its benchmark rate at a record low on Thursday as it sought to keep […]
Read MoreThe government’s plan to fully reopen the country within 120 days would support economic growth of 2.3% this year, the growth figure forecast by the Fiscal Policy Office (FPO), says the office’s director-general Kulaya Tantitemit. Prime Minister Prayut Chan-o-cha said on Wednesday Thailand will fully reopen by mid-October, with all businesses able to resume normal […]
Read MoreMANILA, Philippines — Businesses all over the globe are turning more optimistic as the world recovers from the impact of the pandemic, with downside risks becoming less and less, an international think tank said. Based on the June round of the Global Risk Survey of UK-based Oxford Economics, business sentiment has significantly improved and a […]
Read MoreCar sales have dropped sharply because of the fourth Covid-19 outbreak, prompting dealers to offer big discounts. The Vietnam Auto Manufacturers’ Association reported that its members sold 25,585 products in May, including 17,581 passenger cars, and 7,482 commercial and 522 specialized vehicles, which represented a 14 percent, 16 percent and 33 percent decrease, respectively, from […]
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