MANILA, Philippines — As the government is looking to rescue businesses severely affected by the coronavirus disease 2019 or COVID-19 pandemic, the Board of Investments (BOI) said selection should be based on jobs creation, overall impact on the economy and viability. “If it were up to us, I will look at the strategic impact on […]
Read MoreWorkers in the auto sector are facing the threat of being replaced by artificial intelligence (AI) and having to demand special compensation allowed by the law if they are forced out of a job, according to labour leaders. Hard hit by the Covid-19 pandemic, the sector which has seen vehicle exports to European countries and […]
Read MoreThe two-way trade between Cambodia and Thailand hit $3.1 billion in four months of this year, up 18.3 percent year-on-year, the Cambodian Embassy in Thailand said. Cambodia spent $2.4 billion on imports from Thailand, mostly machinery, electronics, fuel, construction materials, food, cosmetics and household appliances and earned $687 million from exports to the neighbouring country, […]
Read MoreDespite the epidemic, the Vietnamese retail market in Q1 saw positive signs from e-commerce, online shopping, and delivery services. According to General Statistics Office, the revenue in Q1 of the food and beverage, hotel and tourism services decreased by 9.6 percent and 27.8 percent, respectively. CBRE Vietnam reported that the number of visitors to shopping […]
Read MoreThe business sector keeps urging the government to speed up easing the lockdown measures to allow firms to reopen, particularly those related to tourism and border trade, to help prop up employment. Thanavath Phonvichai, president of the University of the Thai Chamber of Commerce (UTCC), said the latest survey on business sentiment nationwide found operators […]
Read MoreMANILA, Philippines — The net inflow of foreign direct investments (FDIs) fell 31.5 percent to a six-month low of $505 million last February from $737 million in the same month a year ago, prompting the Bangko Sentral ng Pilipinas (BSP) to cut its target by more than half as uncertainties brought about by the coronavirus […]
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Thailand
