The logistics industry is expected to contract 10 per cent this year due to the economic downturn caused by the Covid-19 pandemic outbreak, the Thai Transportation and Logistics Association (TTLA) said. TTLA chairman Chumpol Saichua added that usually the industry expanded every year in line with economic growth. The sector accounts for 14 per cent, […]
Read MoreSINGAPORE, Sept 8 — Guidelines designed to ensure that businesses spell out the prices of goods and services clearly in their advertising were unveiled by the Competition and Consumer Commission of Singapore (CCCS) yesterday. The guidelines, which will take effect on November 1, aim to ensure that advertised “discounts” are genuine, and that mandatory costs such […]
Read MoreThe Hanoitimes – In addition to a weakening US dollar, the ample supply of dollars thanks to Vietnam’s record trade surplus is a major factor that could keep a stable USD/VND exchange rate. The USD/VND exchange rate in the last four months of the year is expected to remain stable, thanks to a weakening US dollar, […]
Read MoreThe Ministry of Public Works and Transport (MPWT) is seeking to open a new international border gate with Vietnam to facilitate container cross-border traffic between the two countries, according to an MPWT official. Nou Savath, secretary of state at the Ministry of Public Works and Transport, said, during the 20th Cambodia-Japan public-private sector meeting that […]
Read MoreMANILA, Philippines — The economy still cannot be expected to return to its pre-crisis level by next year as prevailing weaknesses in industries, labor market, and overseas employment prospects will weigh on near-term prospects, said US-based Global Source Partners. In its recently released quarterly report, the market intelligence firm forecasts an 8.5 percent contraction for […]
Read MoreThe Tourism Authority of Thailand (TAT) plans to rejig the enrolment process for the domestic stimulus campaign to a more friendly version for the elderly, as well as urge airlines to offer special airfares for local tourists. Only 800,000 room nights have been redeemed under the “We Travel Together” campaign from a total of 5 […]
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Thailand
