Thailand’s industrial confidence index stood at 75.9 in April, its lowest in 11 years, and a slight decrease across all sectors from 88 the month before. The drop is a reflection of poor confidence in the economy because of the lockdown and curfew, the drought and the private sector’s wariness of the Covid-19 pandemic. FTI […]
Read MoreSINGAPORE – Employers who need to lay off staff during this Covid-19 pandemic should provide retrenchment benefits according to their financial position, and should treat their employees with “empathy and dignity”, said the Ministry of Manpower (MOM) on Wednesday (May 20). Companies that are in sound financial position should pay out the benefits agreed on […]
Read MoreThe spending habits and behaviours of Thai consumers are changing as new habits take shape across the globe. These findings come from a Visa survey of consumers from across 40 countries, including Thailand. According to the survey, three in five Thais are forming cashless habits, preferring to pay with cards or through mobile applications over […]
Read MoreWith its early success in containing the Covid-19 pandemic, Vietnam is having a jump-start among potential investment destinations in attracting a new wave of FDI. Vietnam is under fierce competition from other countries to attract companies that are looking to shift production out of China. Last year, the escalation of the US – China trade […]
Read MoreThailand’s e-commerce, excluding business-to-business engagement, is expected to grow 35% to 220 billion baht in 2020, driven by the coronavirus outbreak, says Priceza, a price comparison shopping website. Meanwhile, the competition between social commerce and e-marketplaces is expected to intensify. “In the post-Covid-19 world, the online channel and e-commerce are no longer an alternative option, […]
Read MoreMANILA, Philippines — Financial technology (fintech) companies are crucial in helping the government shape and rebuild a new economy after the coronavirus disease 2019 or COVID-19 pandemic, according to the Bangko Sentral ng Pilipinas (BSP). In his keynote address titled “Pump-priming a digital economy post COVID-19,” BSP Governor Benjamin Diokno said the central bank has […]
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