MANILA, Philippines (Update 2, 3:06 p.m.) — The Philippines is finally out of recession in the second quarter, posting its best annual growth rate in 32 years, but the rebound was shallow and new lockdowns triggered by the fast-spreading Delta variant are threatening to reverse gains. Gross domestic product — or the sum of all goods and services created […]
Read MoreDespite escalating Covid-19 infections in the country, the value of Thailand’s investment applications more than doubled in the first half of the year, boosted by foreign direct investment, along with growth in the electronics and medical sectors. The Board of Investment (BoI) reported yesterday in the first six months of this year, applications increased by […]
Read MoreInsurance companies have been ordered to use Covid-19 RT-PCR tests instead of medical certificates as proof of a claim for a lump-sum payment, in order to ease the burden on buyers. The Office of Insurance Commission’s (OIC) secretary-general Suthiphon Thaveechaiyagarn said the worsening pandemic had caused a surge of Covid patients, making it increasingly difficult […]
Read MoreReports from five postal companies showed that 14,584 tons of essential goods were provided to localities throughout the country as of August 7, an increase of 11 percent over the day before. According to the taskforce on supporting farming households to enter e-commerce sites and transport of essential goods to cities/provinces under social distancing, as […]
Read MoreWith Covid-19 infections hitting record levels, online events have this year become a priority for the Thailand Convention and Exhibition Bureau (TCEB), which aims to stimulate the sector by matching operators with tech providers. Jaruwan Suwannasat, TCEB director of the Mice (meetings, incentives, conventions and exhibitions) Intelligence and Innovation Department, said hybrid and virtual formats […]
Read MoreThe Kingdom exported 866,207.77 tonnes of cashew nuts in the first seven months of 2021, a 345.29 per cent year-on-year surge, with Vietnam as the main buyer, the Ministry of Agriculture, Forestry and Fisheries reported. Vietnam imported the most Cambodian cashew nuts during the January-July period, at 859,290 tonnes, followed by China (3,639.5 tonnes), Thailand […]
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