The tourism industry, which accounts for 12% of Thailand’s GDP, is expected to take at least four years to recover to the pre-pandemic levels, says the Finance Ministry. While several financial authorities and think tanks project Thailand’s economy will fully recover over the next two years, the recovery of the domestic tourism sector is anticipated […]
Read MoreMANILA, Philippines — The government has launched its second dollar global bond sale this year as it aims to raise more funds to address the economic impact of the coronavirus pandemic. The issuance, which has a dual tenor of 10.5 years and 25 years, comes on the heels of the country’s dollar bond offering in […]
Read MoreThe Hanoitimes – More than half (55%) of Vietnamese companies remain optimistic about growth, well above the global average (29%). In a year when the world has been battling a major global pandemic, the majority of Vietnamese companies have adjusted to the ‘new normal’ and are looking ahead with far more optimism than their counterparts elsewhere […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – Around half of Singapore consumers prefer to shop at local businesses to help them recover from the business fallout of Covid-19, according to a study of Asean consumer sentiment released on Thursday (Dec 3) by United Overseas Bank. UOB head of group business banking Lawrence Loh said the results of the study, which polled 1,000 […]
Read MoreVNS – The online Asean Customs Transit System (ACTS) was launched this week to accelerate trade in goods by road within Southeast Asia. Following trials in Cambodia, Laos, Malaysia, Singapore, Thailand,and Vietnam, the system has now been formally launched. Being developed with the support of the European Union, ACTS is simplifying the movement of goods […]
Read MoreThe government looks set to organise as many as 343 marketing activities both in and outside Thailand and accelerate free trade agreement (FTA) talks with several potential partners including the European Union (EU), the UK, the Eurasian Economic Union (EAEU) and the European Free Trade Association (Efta). Commerce Minister Jurin Laksanawisit said on Wednesday the ministry […]
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Thailand
