Slow vaccination rates and the emergence of the Delta variant of the Coronavirus has forced Moody’s Analytics to revise its gross domestic product (GDP) forecasts for three ASEAN nations. The agency said that the highly contagious new variant is threatening the economic recovery anticipated in the second half of 2021. Moody’s cut its forecast for […]
Read MoreThe General Directorate of Agriculture has called on exporters and importers of red corn to comply with Thailand’s new requirements concerning cross-border commercial activities. The directorate cited letter No AC: 0914/1629 dated April 20 issued by the Thai Ministry of Agriculture and Cooperatives’ Department of Agriculture, which it said outlines new conditions for the export […]
Read MoreUnable to transport passengers due to the COVID-19 pandemic, some bus operators in HCM City have now begun to use their vehicles for selling vegetables and other essential goods. Bao Yen Construction Services Tourism Co’s five buses now travel around the city selling vegetables and other items, helping increase supply amid the closure of scores […]
Read MoreKUALA LUMPUR (Bernama) — Malaysia’s economic fundamentals are still strong and its growth prospect for the medium term is still bright, supported by a stable capital market, while the financial sector has ample liquidity and capital buffer, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. He said among the issues raised by the Members […]
Read MoreThailand’s border and transit trade in June surged 41.68 per cent from same period last year, the Commerce Ministry reported on Wednesday. Total border-transit trade last month was worth 146.094 billion baht. Trade with four neighbouring countries was topped by Malaysia with a rise of 15.33 per cent to 24.849 billion baht. Next came Laos […]
Read MoreThe draft of a new excise tax for the electric vehicle (EV) industry is on track and is expected to be finished this year, said Lavaron Sangsnit, director-general of the Excise Department. The new tax is aimed at stimulating demand for EVs in Thailand and wooing foreign investment into the industry, Mr Lavaron added. The […]
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