We have significantly reduced our outlook for Thailand’s economic growth given the surge in Covid-19 cases in the third quarter and subsequent disruption to activity. The country has been facing its worst outbreak since the onset of the pandemic, with cases surging to over 20,000 a day in August, far above previous outbreaks and reflected […]
Read MoreMYANMAR: Currently, difficulty withdrawing cash from banks, withdrawing cash by paying a certain percentage to brokers, and cash shortages are a tremendous challenge to Myanmar. Until now, we have had problems with withdrawing cash from banks. The Central Bank also issued restrictions such as a withdrawal of Ks 20 million only for companies and Ks […]
Read MoreThe prolonged spread of Covid-19 continues to dismantle the Cambodian restaurant industry. New research from the Cambodia Restaurant Association (CRA) shows that sales have been decimated by the pandemic, dropping 50 per cent last year over 2019 and now 60 per cent lower than 2020 levels. This represents a cumulative 80 per cent drop over […]
Read MoreThe registration fees collected for the state budget increased from VND11,816 billion in 2012 to VND40,194 billion in 2019, up by 240% or VND28,378 billion. According to the provisions of the Law on State Budget, local budgets can keep revenue from registration fees. Therefore, this is a revenue source that plays an important role in […]
Read MoreThe Federation of Thai Industries (FTI) will on Tuesday ask the government to clarify measures against the spread of Covid-19 in factories and support entrepreneurs’ efforts to conduct Covid-19 testing and keep infected workers in quarantine. The group is racing against time to submit its proposed solutions to various state agencies as the transmission of […]
Read MoreSupporting programs should last until Vietnam can achieve herd immunity in late 2021 or early 2022. As local businesses are facing unprecedented challenges from the pandemic, which led many to bankruptcy, experts called on the Government to scale up relief programs to better support those in need. In the first seven months of this year, […]
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Thailand
