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Thailand: Govt to create economic recovery task force

The government looks set to establish a centre to handle the country’s economic rehabilitation from the coronavirus. It is envisaged that the body will work in the same way as the current Centre for Covid-19 Situation Administration (CCSA), which has been successful in controlling the pandemic. Prime Minister Prayut Chan-o-cha on Friday agreed with the plan […]

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Indonesia: Govt issues new regulation for belabored preemployment card

The government on Wednesday issued a new regulation for its flagship incentivized training program to close loopholes in the previous regulation that prompted public criticism of systemic irregularities and conflicts of interest. The newly issued Presidential Regulation (Perpres) No. 76/2020 on the preemployment card allows the program management to demand that ineligible participants return the financial assistance (incentives) in full within 60 days. The management […]

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Thailand: Border trade activity down 9.7% in first 5 months

Thailand’s cross-border trade fell by 9.7% year-on-year in the first five months of 2020 as the coronavirus ravaged the global economy and led neighbouring countries to close nearly all border checkpoints. The Foreign Trade Department on Thursday said the country’s overall cross-border trade, including transit trade, totalled 524.35 billion baht from January to May, with Malaysia […]

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