Total government savings bonds worth 50 billion baht have already sold out after their launch early this month, said Patricia Mongkhonvanit, director-general of the Public Debt Management Office (PDMO). She said the bonds are attractive to elderly investors, who like to invest in the asset, which does not have too long or too short a […]
Read MoreTaking advantage of its natural conditions and investment attraction policies, the Cuu Long (Mekong) Delta has become a destination for investors in renewable energy projects. The region has great advantages to develop the renewable energy sector, including wind, solar, biomass and gas thermal power. Eleven of 13 cities and provinces in the region hold great potential for solar energy development, with average solar radiation of […]
Read MoreAsia’s economic recovery may be the driving force in a resurgence in global growth this year, led by China and a revitalised India. Moody’s Analytics is forecasting a rebound of 5.5 percent in real gross domestic product (GDP) following the historic 3.7 percent contraction in 2020. However, another wave of Coronavirus, and ongoing lockdowns, may […]
Read MoreMANILA, Philippines — Local car and truck assemblers’ sales continued to rise, posting double-digit growth year-on-year in June and in the first semester, coming from a low base last year when the coronavirus pandemic greatly affected demand for vehicles. A joint report of the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck […]
Read MoreThe cabinet has approved a 42-billion-baht package of financial assistance for people and businesses affected by the government’s partial Covid-19 lockdown, currently implemented in Bangkok and nine other provinces to contain the coronavirus outbreak. Of the 42 billion baht required to finance this new compensation programme, 30 billion baht will come from the government’s loan […]
Read MoreThe Ministry of Culture, Sports and Tourism wants to reduce the value of insurance deposits by 80 per cent to help travel companies that are struggling because of COVID-19. Since the pandemic began, the amount of international tourists rapidly declined as borders were closed to prevent the spread of the coronavirus. Although domestic travel continued, revenue dropped as […]
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Thailand
