Three major draft laws on trade are expected to take effect before the end of 2021, after receiving full support from National Assembly (NA) leaders and specialised committees, as well as the Senate, according to a Ministry of Commerce spokesman. These are the draft laws on the ratification of the Regional Comprehensive Economic Partnership (RCEP) […]
Read MoreThe last-mile parcel delivery segment is expected to see slower growth this year due to the damaging effects of the pandemic, according to new research. The segment is expected to see revenue grow by just 19% to 71.8 billion baht this year, slowing from a gain of 31.3% in 2020, according to Kasikorn Research Center […]
Read MoreA decline in local automotive and oil sales has affected the Excise Department’s revenue collection, said director-general Lavaron Sangsnit. He said a shortage of semiconductor chips, a key component for vehicles, has affected domestic car sales and in turn excise tax collection. Domestic fuel consumption has also dipped, in line with the country’s weakening economy. […]
Read MoreMANILA, Philippines — Local factories were on a roll in June, as they posted triple-digit output growth for the third straight month mainly due to help from a low base. But new lockdowns meant to curb the spread of Delta variant are posing a big threat to recovery. What’s new The Philippine Statistic Authority’s monthly […]
Read MoreMany Thai consumers are spending more, even as the difficult economic conditions caused by the third wave of Covid-19 bring more stress and unhappiness, a new consumer survey shows. Most consumers are stocking up on essential goods, particularly food and necessities, as they remain largely housebound, whether because of lockdown orders or fear of contracting […]
Read MoreThe pandemic drove the country’s unemployment rate up to 1.96% in the first quarter, the highest level in five years, while the IT sector saw the highest number of job postings compared with other industries in the first half of this year, according to job search platform JobsDB. “Thailand’s unemployment rate in the first quarter […]
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