The Hanoitimes – Taking tough measures for the safety of people has become the government’s top priority. The government of Vietnam has stated since the initial stage of the new coronavirus outbreak that it will do anything to protect local people, even at the expense of economic benefits. At the regular cabinet meeting in January, Prime Minister […]
Read MoreIndonesia has officially announced a second stimulus package and has vowed to set aside a chunk of its state budget to support the country’s economy against the backdrop of the COVID-19 outbreak, providing some relief to a battered stock market and rupiah. The government announced on Friday that it would allocate Rp 120 trillion (US$8.1 […]
Read MoreThe coronavirus pandemic is taking a heavy toll on Thailand’s restaurant business, with 5,000-7,500 operators expected to throw in the towel this year. Ladda Sampawthong, president of the Restaurant Business Association, said the contagion is only the latest in a series of negative factors. “We’ve experienced several difficult times in the past decade, and overcame […]
Read MoreThe General Department of Customs and Excise (GDCE) said its revenue collection has seen a remarkable growth over the last five years, with an average 19.5 percent increase a year since 2014. “The noticeable achievement is the result of good governance progress of the GDCE reflected by reform and modernisation,” GDCE General Director’s Kun Nhim […]
Read MoreConsumer confidence plunged to an almost 21-year low in February as people remain gravely concerned about the coronavirus contagion, compounded with widespread droughts, the delayed fiscal 2020 budget, the domestic economic slowdown and the PM2.5 pollution plague. On Thursday, the University of the Thai Chamber of Commerce (UTCC) reported the consumer confidence index dropped to […]
Read MoreDespite the gradual resumption of border trade between Myanmar and China via Muse in Shan State, the weakening of China’s currency has hit earnings of the traders, say officials in Muse. According to U Min Thein, vice chair of the Muse Rice Wholesalers Association, as of March 10, the volume of cross-border trade has now […]
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Thailand
