Thailand’s logistics network has seen a considerable spike in volume, leaving operators scrambling to meet demand from a homebound population relying on deliveries for essential goods. Last week, rumours swirled on social media of employees quitting en masse from Kerry Express, the nation’s largest private delivery company, accompanied with pictures of boxes piling up at […]
Read MoreWith a recession creeping on the horizon as business activity and the economy as a whole are ravaged by the coronavirus pandemic, financial authorities have coordinated their efforts to launch a raft of relief measures for those under strain. The Finance Ministry and the Bank of Thailand last Tuesday announced a third batch of relief […]
Read MoreIn a move to cash in on the work-from-home trend, top hotels have teamed up with delivery services as well as the Tourism Authority of Thailand (TAT) to provide customers savoury delights in their very homes. The move also reflects a strategy by these hotels to survive amid the Covid-19 crisis. Lately Get, a leading […]
Read MoreMore than 610,000 people who registered for the 5,000 baht cash handout granted by the government to ease the impact of the Covid-19 have cancelled their registrations out of fear they will face legal action for providing fake information. Charnkrit Dejvitak, an assistant attached to the PM’s Office, said the Finance Ministry on April 4 […]
Read MoreRecap: Stock markets ended the week with upbeat momentum as investor sentiment was lifted by hopes that the coronavirus pandemic is peaking, and by stimulus efforts of governments across the globe. The SET index moved in a range of 1,173.14 and 1,243.50 points this week before closing yesterday at 1,228.03, up 7.8% from the previous […]
Read MoreSiam Commercial Bank (SCB), the country’s fourth-largest lender by assets, has won preliminary approval for a subsidiary business licence in Myanmar, targeting 7 billion baht in loans in the first five years of operation. The bank expects to set up the subsidiary and begin operations by the end of 2020, said chairman and chief executive […]
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