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Thailand: Recovery still stalled

We have significantly reduced our outlook for Thailand’s economic growth given the surge in Covid-19 cases in the third quarter and subsequent disruption to activity. The country has been facing its worst outbreak since the onset of the pandemic, with cases surging to over 20,000 a day in August, far above previous outbreaks and reflected […]

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Cambodia: Restaurant sales dip 80% from 2019: CRA

The prolonged spread of Covid-19 continues to dismantle the Cambodian restaurant industry. New research from the Cambodia Restaurant Association (CRA) shows that sales have been decimated by the pandemic, dropping 50 per cent last year over 2019 and now 60 per cent lower than 2020 levels. This represents a cumulative 80 per cent drop over […]

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Thailand: FTI demands clarity on factory measures

The Federation of Thai Industries (FTI) will on Tuesday ask the government to clarify measures against the spread of Covid-19 in factories and support entrepreneurs’ efforts to conduct Covid-19 testing and keep infected workers in quarantine. The group is racing against time to submit its proposed solutions to various state agencies as the transmission of […]

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