The business sector has hailed the government’s fresh spending stimulus measures but says the cash handout under the fourth phase of the “Khon La Khrueng” co-payment subsidy scheme sounds lower than expected. The private sector is also asking for additional stimulus packages to boost consumers’ spending power. FEWER THAN EXPECTED Sanan Angubolkul, chairman of the […]
Read MoreThe new fund will focus on developing modern and environmentally-friendly logistics facilities in Hanoi and Ho Chi Minh City. The recently established GLP Vietnam Development Partners I (GLP VDP I) with an investment capacity of US$1.1 billion is set to be one of the largest logistics development funds in Southeast Asia (SEA). The fund has received commitments […]
Read MoreThe baht opened at 33 to the US dollar on Tuesday, weakening from Monday’s closing of 32.975. The Thai currency is likely to move between 32.90 and 33.10 to the greenback during the day, Krungthai Bank market strategist Poon Panichpibool predicted. He said that the baht is likely to swing sideways despite being supported by […]
Read MoreAmid pandemic MANILA, Philippines — Fewer consumers expect their income to decline in the future due to the pandemic, according to a survey from information and insights company TransUnion. A study by TransUnion Philippines Consumer Pulse for the fourth quarter of 2021 showed 46 percent of consumers expect their household income to decrease due to […]
Read MoreCambodia has a rapidly developing microfinance sector with funding from domestic and international operators. Microfinance institutions represent the main providers of financial services in rural areas. Still, there are several challenges including issues concerning external funding, financial regulations and political challenges, along with credit access and signs of non-performing loans. There were increases in terms […]
Read MoreConsumers are fretting about bottled palm oil being sold at prices higher than the 55 baht per bottle set by the Department of Internal Trade. Aone-litre bottle of palm oil sells at 59 baht in supermarkets of department stores. Some brands are in short supply, as a result some stores are allowing a person to […]
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Thailand
