Rice sales have seen a big surge due to people stocking up on goods amid the Covid-19 crisis. Hong Thong rice sales grew by 20 per cent, said Kampanart Manathanya, vice president of Chia Meng Marketing Co, pointing to consumers buying essential goods in larger quantities, rice bags becoming one of the most purchased products […]
Read MoreThe government on Friday unveiled plans for fresh government stimulus as well as rule changes to improve monetary policy flexibility, stepping up efforts to cushion the blow from the novel coronavirus outbreak. The latest stimulus would be funded by new borrowing and reallocation of the existing budget, and could be approved in a cabinet meeting […]
Read MoreHONG KONG: The main Stock Exchange of Thailand index was down 6.24% at 11.06am as Asian markets were mostly in the red in early trade Monday despite massive economic stimulus efforts worldwide, with investors spooked by the relentless march of the coronavirus pandemic. The negative mood was fuelled by the failure of US lawmakers to […]
Read MoreThe worst is yet to come for consumers, as rice packers warn that packaged rice prices are likely to increase further after domestic rice prices rose by 20-30% since the start of the year, mostly due to drought and a sharp rise in demand in light of the pandemic. Somkiat Makayatorn, honorary president of Thai […]
Read MoreRanging from small startups to large multinational corporations, businesses across the board have been gearing up contingency plans for if the government orders a lockdown as the coronavirus pandemic escalates in Thailand. In the latest worst-case scenario projected by the Thoracic Society of Thailand, there could be 200,000 people infected with the coronavirus and 540 […]
Read MoreThe Thai Industries Sentiment Index (TISI) in February hit its lowest level in 21 months, dropping to 90.2 because of weak purchasing power and the effects of the coronavirus outbreak, according to a report of the Federation of Thai Industries (FTI). Delays in this year’s fiscal budget and Eastern Economic Corridor (EEC) scheme as well […]
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