Sales of instant noodles are expected to surge by over 15% this year, boosted by panic buying after the coronavirus outbreak. Vathit Chokwatana, president of Saha Pathanapibul Plc, the distributor of Mama instant noodles, said demand for noodles in sachet and cup packaging grew by 20% and 10% respectively in the first quarter. He forecast […]
Read MoreMANILA, Philippines — The number of international visitor arrivals is projected to further decline by up to 78 percent this year due to the coronavirus disease or COVID-19 pandemic as arrivals already fell 22 percent in the first quarter, the United Nations World Tourism Organization (UNWTO) said. Data from the UNWTO World Tourism Barometer show […]
Read MoreInflated logistics costs were hampering the competitiveness of Vietnamese goods, according to Chairman of the Vietnam Textile and Apparel Association (VITAS) Vu Duc Giang. Vietnam’s logistics costs were 6 percent higher than Thailand, 7 percent higher than China, and 12 percent more than o Malaysia, Giang said. This had reduced the competitiveness of domestic textile […]
Read MoreThai Airways International (THAI) workers’ union wants to join the state’s last-ditch efforts to save the airline from bankruptcy but called for a more active role in the rehabilitation process. The union, which represents 20,000 employees, stressed the need for it to participate more after learning about multiple restructuring proposals ranging from a reduction of […]
Read MoreKUALA LUMPUR (BERNAMA) – Malaysia’s wholesale and retail trade volume index grew by 1.5 per cent year-on-year (y-o-y) to 127.5 points in the first quarter (Q1) of this year compared with Q1 2019, according to the Department of Statistics Malaysia (DoSM). In a report released yesterday, Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said […]
Read MoreThe Finance Ministry plans to offer special savings bonds worth 50 billion baht to the public to give taxpayers more investment alternatives to earn higher income as low interest rates and economic uncertainty prevail. The savings bonds, part of the government’s 1-trillion-baht borrowing plan to alleviate the damage from the pandemic, will be divided into […]
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Thailand
