The Ministry of Transport (MoT) has asked provincial and municipal authorities to ease the travel of labourers at seaports so as to avoid the disruption of production and supply chains amid the COVID-19 pandemic. The implementation of social distancing in accordance with Directive 16 of the Government to prevent and control the spread of COVID-19 […]
Read MoreThe government’s economic managers will meet today (Wednesday) to review their macroeconomic targets in light of recent events, according to Finance Secretary Carlos Dominguez 3rd. “We are having another meeting with the DBCC tomorrow to determine what the future seems to look like given this lockdown episode we had,” he said in an interview on […]
Read MorePhnom Penh Post – Advanced Bank of Asia Ltd (ABA Bank) and JCB International Co., Ltd.on Tuesday signed a licence agreement and announced the launch of JCB payment acceptance in Cambodia. JCB International is the international operations subsidiary of JCB Co., Ltd. – Japan’s only international payment brand – while ABA Bank is the digital […]
Read MoreThe Tourism Authority of Thailand (TAT) estimates total revenue from tourism in 2021 will be THB625.7 billion, most of which, or THB540.7 billion, would come from domestic tourists who are expected to make 100 million trips across the year. The number of total foreign tourists was forecast to be 1.2 million. They are expected to […]
Read MoreThe Bank of Thailand (BoT) is urging the government to borrow an additional 1 trillion baht to address the severe economic impact of the Covid-19 pandemic and boost the country’s long-term growth prospects. The central bank’s governor, Sethaput Suthiwartnarueput, on Monday said he would consider such state borrowing to be reasonable. Given that the economic impact […]
Read MoreKUALA LUMPUR (XINHUA) – Fitch Solutions Country Risk and Industry Research yesterday lowered Malaysia’s real gross domestic product (GDP) growth forecast this year to zero per cent from 4.9 per cent previously, to reflect higher risk for the third wave of COVID-19 infections. The Fitch unit said Malaysia’s second quarter economic growth fell far below […]
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