The Federation of Thai Industries (FTI) is calling on the government to suspend electricity payments for small and medium-sized enterprises (SMEs) and households for four months, charging at cost for power in order to provide relief for businesses suffering from the Covid-19 crisis. FTI chairman Supant Mongkolsuthree said the government should also reduce electricity bills […]
Read MoreThe Agriculture Ministry is collaborating with businesses to encourage them to purchase farmers’ chickens, improving the current oversupply and prices as breeding season unfolds. The ministry on Monday officially formed a partnership with the National Poultry Breeders Organization (Gopan), the Poultry Farmers Association and Information Center (Pinsar) and animal feed company PT Universal Agribisnisindo. “The […]
Read MoreMANILA, Philippines — The peso has remained stable despite the havoc caused by the coronavirus pandemic on the global economy and financial markets, according to the Department of Finance. DOF Undersecretary Gil Beltran said the peso ranked third among the three currencies in Asia that maintained their value against the dollar as of April 15. […]
Read MoreMyanmar is among just 10 percent of the globe projected by the International Monetary Fund to post economic growth this year. The rest of the world is expected to slip into recession. The forecast comes despite the spread of COVID-19 in Myanmar, which has already resulted in the closing of its borders, worsening conflict in […]
Read MoreMoody’s Investors Service says its negative outlooks for non-financial companies in the Asia-Pacific region are dominated by the auto, retail, hospitality and gaming sectors. In a report released in Hong Kong on Monday, the US rating agency said credit trends in the region would “remain negative” in 2020. “The coronavirus pandemic has massively disrupted global […]
Read MoreEconomists believe that real estate will remain a safe shelter for investors, and will still bring attractive profits in the post-Covid-19 period. Many real estate firms said they have had to cancel the events to advertise their new projects and delay launching new products. Some realtors hope they can market new products in the second […]
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Thailand
