A move by the Bank of Thailand (BOT), the Securities and Exchange Commission (SEC) and the Finance Ministry to ban the use of cryptocurrencies for purchasing products and services is aimed at preventing negative impacts on financial stability and the economy. The action comes as digital asset business operators have begun to facilitate retailers and […]
Read MoreThe Tourism and Sports Ministry plans to continue travel bubble discussions with short-haul destinations following this week’s resumption of the Test & Go scheme. The Tourism Council of Thailand (TCT) is calling for a more relaxed RT-PCR testing regime to bring back at least 5 million tourists this year. The country wants to continue travel […]
Read MoreHundreds of thousands of laborers from Laos and Cambodia have begun returning to Thailand as the country opens its doors to migrant workers. Thailand requires around 800,000 migrant workers to urgently fill positions in the manufacturing, tourism, and service sectors, according to the Federation of Thai Industries. Vientiane Times reports that according to Laos’ Ministry of Labor and […]
Read MoreSINGAPORE – Business optimism has receded among firms in the manufacturing and service sectors amid new Covid-19 variants and supply chain pressures. A net weighted balance of 8 per cent of manufacturers expect better business conditions in the first six months of this year than in the fourth quarter of 2021, according to a survey from […]
Read MoreJAKARTA (XINHUA) – Indonesia’s annual inflation rate has risen by 2.18 per cent in January, the highest since May 2020, as household gas prices grew and interbank transfer fees fell, Statistics Indonesia (BPS) said yesterday. The consumer price index (CPI) in the Southeast Asian country rose by 0.56 per cent from December last year, according […]
Read MoreThe pharmaceutical industry is expected to see 3-5 per cent growth in 2022, with 233 billion to 238 billion baht revenue, despite the Covid-19 situation, Kasikorn Research Centre has forecast. The centre also expects an improvement in the Covid situation consequently reducing the need for Covid drugs. Thai patients who need to be treated for […]
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