The private sector has offered guidelines to “open a safe city” and recommends using a Digital Health Pass to reopen business. Thai Chamber of Commerce chairman Sanan Angubolkul said the chamber and a working group proposed relaxing restrictions on economic activities so entrepreneurs could safely resume business operations. “The private sector believes relaxing restrictions to […]
Read MoreFITCH Ratings said the decision of the Bangko Sentral ng Pilipinas (BSP) to stop accepting new applications for digital bank licenses is beneficial to existing institutions. “Closing the door to new applicants helps to insulate conventional banks from more formidable competitors bearing these characteristics – at least until BSP’s moratorium on applicants is lifted,” it said in […]
Read MoreA number of industry trade groups have called on the Government and HCM City to issue travel permits to employees of their member companies to enable them to carry out some urgent tasks amid the city’s social distancing. They include the Vietnam Rubber Association, Vietnam Pepper Association, Vietnam Fruit and Vegetable Association, Vietnam Cashew Association, […]
Read MoreThe Labour Ministry is speeding up efforts to create almost 400,000 jobs in the Eastern Economic Corridor (EEC) to help those affected by the Covid-19 outbreak. This move came after the National Economic and Social Development Council indicated that unemployment in the country has risen due to the Covid-19 crisis. Labour Minister Suchart Chomklin said […]
Read MoreTHE government plans to borrow P250 billion from local sources next month, according to the Bureau of Treasury (BTr). It will be larger than the P200 billion programmed for this month and the P160 billion set for September 2020 if the plan is followed. Treasury bills (T-bills) are expected to raise P75 billion, while Treasury bonds (T-bonds) are seen to […]
Read MoreThe baht opened at 32.76 to the US dollar on Friday, weakening from Thursday’s closing rate of 32.74. The Thai currency is likely to move between 32.70 and 32.85 during the day, Krungthai Bank market strategist Poon Panichpibool said. Poon predicted the baht would move sideways as investors were waiting for important factors, such as […]
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Thailand
