Xinhua – Thailand’s shipping council representing exporters projected in a report released Wednesday that the country’s export will contract 8 percent this year. The Thai National Shippers’ Council (TNSC) has revised upward its export projection this year to 8 percent contraction from 10 percent contraction previously forecast, said Ghanyapad Tantipipatpong, the council chair. Products in demand […]
Read MoreMANILA, Philippines — Virtual currency transactions skyrocketed in the first semester amid the shift in consumer behavior due to the COVID-19 pandemic, the Bangko Sentral ng Pilipinas said. BSP Governor Benjamin Diokno said in a virtual press briefing the value of virtual currency transactions tripled to P59 billion from January to June as volume soared […]
Read MoreThe director-general of the Department of Medical Services is backing the proposal to reopen the country to revitalise the virus-battered economy. Dr Somsak Akksilp said that not only was Thailand well prepared for a second wave of Covid-19 but that maintaining zero local infections was an unrealistic target since it was still not known when […]
Read MoreKUALA LUMPUR: Six mega-projects worth RM143.06bil, announced under Budget 2020, may potentially be rolled over into the upcoming budget given the delays and tender disruptions caused by the Covid-19 pandemic and the movement control order, CGS-CIMB Research said. In a note, the research house said the projects included the Kuala Lumpur-Singapore High-Speed Rail (HSR), which […]
Read MoreThailand is being urged to accelerate construction of infrastructure projects while the pandemic stunts other economic drivers to attract foreign investors once the pandemic ends. Rangsin Kritalug, chief operating officer of SET-listed skytrain operator BTS Group Holdings, said foreign investors will have more confidence in the country and are more likely to return if they […]
Read MoreThe government is encouraging the middle-income segment to spend more through online shopping platforms to help improve spending amid the economic downturn resulting from the COVID-19 pandemic. National economic recovery committee head Budi Gunadi Sadikin called on middle-income families to shop on their e-commerce platform of choice to help ensure a stable economy. “To friends […]
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Thailand
