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Thailand: Contribution of SMEs to GDP to drop

Small and medium-sized enterprises (SMEs) contribution to the gross domestic product (GDP) is expected to drop in the second quarter because of the harsh impact of new infections, which began in April. Veerapong Malai, director-general of the Office of Small and Medium Enterprises Promotion (Osmep) said the agency has forecast the contribution of SMEs towards […]

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China overtakes US in ASEAN investments

Large Chinese investments are overtaking US financing in ASEAN, according to Nikkei Asia. The mainland has already invested more than $5.3 billion under its Belt and Road Initiative (BRI), according to the University of Southern California’s US-China Institute in Los Angeles. On June 22, the mainland agreed with Cambodia to intensify cooperation in transportation networks. […]

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Thailand: ‘Essential’ construction to resume

The government has agreed to allow some workers to move out of their sealed accommodation to resume work on essential and emergency cases, a source said on Sunday. The easing of the rule, which was put in place to curb the spread of Covid-19 in the capital and its surrounding provinces, was proposed by the […]

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