While the prolonged Covid-19 outbreak has raised fresh concerns over a labour shortage in the industrial sector, most executive members of the Federation of Thai Industries (FTI) expect less than 30% of production may be affected. They voiced their concerns in the FTI’s latest CEO survey which interviewed 166 executives across 45 industries in July […]
Read MoreMANILA, Philippines — The Bureau of Customs surpassed its collection target in July by more than P4 billion as imports recovered and returns from 14 ports improved. In a report yesterday, the Customs said taxes and duties it generated in July rose by over eight percent to P58.18 billion from P53.75 billion during the same […]
Read MoreThe Thai bourse recorded massive outflows as foreign investors offloaded 32 billion baht worth of Thai shares in 45 days, while Thai investors’ trading value dropped to 60-80 billion baht per day amid soaring infections and growing economic uncertainty. The government announced the extension of the lockdown in 13 provinces with the highest infection rates […]
Read MoreThe request from the State Bank of Vietnam is expected to help people overcome difficulties during the Covid-19 outbreak and push cashless payment. Commercial banks and branches of foreign banks in Vietnam are urged to reduce their interbank money transfer fees with an aim of supporting local businesses and people to overcome difficulties caused by […]
Read MoreRestaurant operators remain unhappy with the government’s latest decision to ease restrictions for restaurants and eateries at malls in dark red zones, allowing them to sell food via delivery using online platforms. Atchara Burarak, founder and creative director of Iberry Group, operator of Kub Kao Kub Pla, Ros’niyom and Thongsmith restaurants, said despite the easing […]
Read MoreKUALA LUMPUR (THE STAR) – Singapore-based Jadestone Energy plc is the latest upstream investor in Malaysia after its subsidiary acquired SapuraOMV Upstream (PM) Inc said Petroliam Nasional Bhd (Petronas). Petronas said Jadestone Energy Holdings Ltd had acquired the stake in SapuraOMV PM, a subsidiary of SapuraOMV Upstream Sdn Bhd (SapuraOMV), which has participating interests in […]
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Thailand
