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Thailand – TAT: Infection fears mar holiday

Concern over new local Covid-19 cases is affecting domestic sentiment for the upcoming long holiday from Nov 19-22, says the Tourism Authority of Thailand (TAT). Even with the long weekend taking place during the high season, local infections resulted in travellers slowing or changing their travel plans, especially for areas where new cases were reported […]

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RCEP to help attract foreign companies coming into Asean

PETALING JAYA: The Federation of Malaysian Manufacturers (FMM) said the recent signing of the Regional Comprehensive Economic Partnership (RCEP) will help attract foreign companies keen on entering into an integrated Asean market. This is because the agreement would enhance transparency in trade and investment and would lower trade barriers, it said in a statement. “The […]

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Thailand: Economy shrinks 6.4% in busy Q3

Thailand’s GDP contracted by 6.4% year-on-year in the third quarter, with full-year economic contraction projected to arrive at 6%, says the National Economic and Social Development Council (NESDC). The economy was previously anticipated to contract by 7.5% this year. The main reason supporting a lower full-year economic contraction is the NESDC projecting the global economy […]

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