BANGKOK (BLOOMBERG) – Many small and medium-sized enterprises (SMEs), the backbone of Thailand’s economy, are struggling with crushing debt loads that could force them out of business as the latest wave of Covid-19 infections dims the prospects for an economic recovery. “This round is much worse than last year, and millions of operators are suffering,” said Mr […]
Read MoreThe reported CPI only reflects 60-70 percent of the real situation, according to the former Chair of the Hanoi Supermarket Association Vu Vinh Phu. The General Statistics Office (GSO) has reported that the CPI increased by 1.47 percent in the first half of the year compared with the same period last year, the lowest increase […]
Read MoreSmall and medium-sized enterprises (SMEs) contribution to the gross domestic product (GDP) is expected to drop in the second quarter because of the harsh impact of new infections, which began in April. Veerapong Malai, director-general of the Office of Small and Medium Enterprises Promotion (Osmep) said the agency has forecast the contribution of SMEs towards […]
Read MoreIt is the ninth air carrier and the first one in Vietnam to have received the highest star for the safety measures of Covid-19 in all of operational touchpoints. Vietnam Airlines, the national flag carrier, has been certified with the highest 5-Star Covid-19 Airline Safety Rating for its improved hygiene processes to help reduce the […]
Read MoreLarge Chinese investments are overtaking US financing in ASEAN, according to Nikkei Asia. The mainland has already invested more than $5.3 billion under its Belt and Road Initiative (BRI), according to the University of Southern California’s US-China Institute in Los Angeles. On June 22, the mainland agreed with Cambodia to intensify cooperation in transportation networks. […]
Read MoreThai exports via a new online channel totalled 10.152 billion baht in the first half of 2021, the Department of International Trade Promotion reported on Monday. The online export platform www.thaifex-vts.com was used at the THAIFEX Virtual Trade Show on May 25 and will operate until October 3 this year. The platform took orders worth US$2.845 million […]
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