The government is being urged to compensate tenants of shopping complexes whose businesses were hit by the coronavirus outbreak at 10,000 baht a month for three months to boost their liquidity. Kriengsak Tantiphipop, chief executive of Emporium Group Co and executive committee member of The Mall Group, said almost all tenants are reeling from tight […]
Read MoreThe Ministry of Commerce and Cambodia Rice Federation (CRF) are continuing working to solve the long-running challenges of the Kingdom’s high cost of electricity and transportation in order to boost the country’s rice industry. The meeting by the ministry with participants from concerned parties such as the CRF and Cambodia Agricultural Value Chain Programme (CAVAC) […]
Read MoreThe Consumer Price Index (CPI) in March 2020 increased by 1.6 per cent year-on-year compared to March last year. Prices of food and non-alcoholic beverages increased by 1.1 per cent following the increase in prices of meat (2.1 per cent); milk, dairy products and eggs (1.6 per cent); vegetables (19.9 per cent) as well as […]
Read MoreIndonesian borrowers are selling a record amount of dollar bonds, as the country’s strong fiscal track record in recent years fuels optimism on its ability to weather the COVID-19 crisis. Including the sovereign, note sales in the US currency from Indonesia this year total more than $15 billion, a year-to-date record and almost three-times the […]
Read MoreMANILA, Philippines — Fitch Ratings has taken negative ratings action on state-run Land Bank of the Philippines and Development Bank of the Philippines (DBP) as well as privately-owned China Banking Corp. and Philippine National Bank (PNB) as the coronavirus disease 2019 or COVID-19 outbreak is expected to take its toll on the economy and the […]
Read MoreKUALA LUMPUR, May 13 — Malaysia has a good track record with regards to fiscal consolidation, and the government has a proven track record of continuous commitment to medium-term fiscal consolidation plan, said Bank Negara Malaysia (BNM). According to BNM governor Datuk Nor Shamsiah Mohd Yunus, the government had embarked on fiscal consolidation in 2010, […]
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Thailand
