Four commercial banks — Kasikornbank (KBank), Siam Commercial Bank (SCB), Krungthai Bank (KTB) and Bank of Ayudhya (BAY) — followed in the footsteps of Bangkok Bank (BBL), passing on some or more than the central bank’s 25-basis-point rate cut for their prime lending rates. The new rates for KBank, SCB and KTB take effect from […]
Read MoreMANILA, Philippines — More than a fifth of overseas Filipino workers (OFWs) are seen to lose their jobs this year, while new deployment would nearly grind to a halt in an unprecedented shock from the coronavirus to the Philippines’ economic lifeline. To date, Labor Undersecretary Claro Arellano told a congressional hearing 302,216 migrant workers had […]
Read MoreBig companies like Apple, Nintendo, and Samsung and their supplier have switched out to limit damage. Vietnam’s property market is likey to receive inflows of foreign investment after big countries encourage their companies to relocate manufacturing bases out of China due to the global pandemic. The Southeast Asian nation set to get a second round […]
Read MoreEnhancing digital literacy and pursuing a customer-centric experience are necessary as businesses adapt to new behaviour during the pandemic, particularly with travel restrictions and changes in supply chains. Thailand is migrating from the phase of self-quarantine and stringent lockdown measures to gradually resuming operations under social distancing. The impact from the Covid-19 pandemic is classified […]
Read MoreThe Capital Market saw a 22 per cent drop capitalisation in the first quarter of the year, bringing the market capitalisation to around $544million, compared with the fourth quarter of 2019. The total trading volume was at 0.56million shares, valued at $0.97million. SECC said that the trading volume dropped around 86 per cent and the […]
Read MoreThe tourism sector is unfazed by the possible extension of the emergency decree, with operators saying their businesses are flexible and it will not interrupt the goal to kick-start domestic travel nationwide in June. The Tourism and Sports Ministry is planning to discuss with the prime minister permission to allow domestic tourism to start in […]
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Thailand
