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Thailand: Emergency Covid loan approved by big margin

MPs on Thursday voted 270-196 to allow the government to borrow 500 billion baht for various Covid-19 projects. About 300 billion baht will go towards relief schemes for people across various sectors, 30 billion baht on medical supplies, drugs, vaccines and research, and the rest for social and economic rehabilitation schemes. All loan contracts must […]

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Philippine economy seen growing 15% in Q2

MANILA, Philippines — The Philippine economy is expected to register a substantial 15 percent growth in the second quarter, largely due to low base effects, but also owing to a tailored approach in restrictions following a second wave of COVID-19 cases, a foreign think tank said. In its latest economic monitor, UK-based Pantheon Macroeconomics said […]

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Cambodia, Thailand agree to boost cross-border checkpoint trade

Cambodia and Thailand have pledged to facilitate the two nations’ bilateral trade at cross-border checkpoints in order to boost it towards its previously set target of  $15 billion. The news was revealed at a meeting between Cambodia’s Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation Prak Sokhonn and Thai Deputy Prime Minister […]

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