SINGAPORE: Singapore on Monday increased its cash payout to individuals and announced additional steps to save jobs as the city-state prepares to severely curtail activities to contain a spike in coronavirus cases. “The third virus-related stimulus package in two months will cost S$5.1 billion (US$3.6 billion), taking the nation’s total virus relief to almost S$60 […]
Read MoreThailand’s headline consumer price index (CPI) dropped 0.54% in March from a year earlier, the weakest in 51 months, but slightly better than expectations, commerce ministry data showed on Tuesday. The reading compared with a forecast decline of 0.60% in a Reuters poll, and with February’s rise of 0.74%. The central bank predicts the headline […]
Read MoreEfforts by foreign retailers to establish a presence in Thailand have faced an uphill climb. The closure of Japan’s Isetan and the sale of UK-based Tesco’s Asian assets to CP Group are the latest evidence underlining the difficulty of sustaining business in the Thai retail market, where local giants have flexed their muscles to become […]
Read MoreThe Myanmar Investment Comission (MIC) says it will be issuing emergency loans to around 400 small businesses that have suffered financial losses due to the COVID-19 pandemic sweeping the world. “Over 400 businesses submitted their loan application forms on April 4, and the applicants have been determined to be genuine companies that have actually suffered […]
Read MoreThe governor of the National Bank of Cambodia, the nation’s central bank, Chea Chanto, has opened his heart about the future of the domestic currency and the dollar. He says the use of the riel will increase further compared with last year by introducing several measures including the development of policy instruments such as providing a […]
Read MoreA total of 233 projects will be implemented under the Poverty Reduction Fund in 2020, of which a majority are infrastructure development schemes. A total of 58 projects will receive funds worth more than 13 billion kip (US$1.4 million) from the Lao government, while 175 projects will be supported by the Swiss Agency for Development […]
Read More
Thailand
