KUALA LUMPUR: The micro and small and medium enterprises (MSME), which account for 40% of the country’s GDP, is on the brink of collapse if the restrictions on business operations continue indefinitely. The Ministry of Entrepreneur Development and Cooperatives (MEDAC) said on Wednesday its recent survey estimated 580,000 businesses, or 49% of the MSME sector, […]
Read MoreMANILA, Philippines — The government lost more than P1.3 billion in revenue from the reduction in pork tariff as the Philippines imported at least 76 million kilos of pork from April 9 to June 11 to bring down prices of the commodity. The Bureau of Customs yesterday said 76.09 million kilos of pork were brought […]
Read MoreThailand’s economy faced significant downside risks and limited policy room should be preserved to be used for the most effective time, the central bank’s minutes of its last meeting showed on Wednesday. A prolonged coronavirus outbreak could cause Southeast Asia’s second-largest economy to underperform the baseline projection, squeezing business liquidity and slowing employment, the meeting minutes said. […]
Read MoreLaos enjoyed a trade surplus in controlled goods through Vietnam in the first six months of 2021 despite the transport difficulties caused by Covid-19 prevention measures. The total value of the trade in imports and exports of controlled goods through Vietnam in the first six months of this year was about $314 million, of which […]
Read MoreThe Ministry of Tourism plans to spearhead a bigger push for digital technologies, particularly in rapid-payment systems, and harness next-level innovations to guide the ailing tourism sector out of its Covid nightmare and chart a prosperous post-pandemic path. This endeavour comes amid government plans to reopen the tourism industry in the fourth quarter of this […]
Read MoreThe Federation of Thai Industries (FTI) is urging the government to vaccinate 70% of the population earlier than planned as the country cannot wait until December, with risks mounting if a fourth outbreak is caused by the virulent Delta variant. The federation made the call as health authorities on Tuesday warned the Delta strain was rapidly […]
Read More
Thailand
