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Thailand: New discount scheme to ease hardships

The Commerce Ministry has teamed up with 11 digital platforms to roll out new discount campaigns, running until Feb 28, to relieve economic hardship amid the pandemic. According to Commerce Minister Jurin Laksanawisit, more than 100,000 shops are participating in the new campaign, with 1 million products and service items available. The 11 digital platforms […]

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Philippines: BSP expands e-payment platform

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is further expanding the country’s digital payment platforms to speed up the transition to a cash-lite and eventually to a coinless and cashless society. BSP Governor Benjamin Diokno said various payment digitalization initiatives would be implemented successively starting April as the central bank aims to transform […]

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Thailand: Restarting the uneven recovery

A potentially bumpy recovery across all sectors of the property market is foreseen as Thailand’s economy weathers another challenging year, according to the international property consultancy CBRE. Following the pandemic-induced economic storm in 2020, the residential sector will see an uneven recovery in 2021 in the condominium and detached housing markets. Commercial and industrial property […]

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Thailand: Companies to cautiously renew hiring

Following a year of hiring freezes, pay cuts and layoffs, many Thai firms are expected to cautiously renew hiring in 2021, but workers will likely not be rewarded with large salary increases for switching jobs as happened before the pandemic, according to a report by global recruitment firm Robert Walters. The Robert Walters Salary Survey, […]

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