Despite the easing of lockdown measures and higher demand in several export categories, Thailand’s shipments are still forecast to contract by 8% this year, says a key trade group. Ghanyapad Tantipipatpong, chairwoman of the Thai National Shippers’ Council (TNSC), said the pandemic has ravaged major economies, especially Thailand’s important trading partners such as the US, […]
Read MoreKUALA LUMPUR, May 5 — Pubs and restaurants selling liquors are not allowed not operate during the whole period of conditional movement control order (CMCO), said Federal Territories Minister Tan Sri Annuar Musa. He said the ministry had received complaints from non-Muslims that some of these premises were operating at night in the city centre. […]
Read MoreThailand’s cross-border trade fell by 7.6% year-on-year in the first quarter as the coronavirus hit the global economy and led bordering countries to close dozens of checkpoints. The Foreign Trade Department on Tuesday said the country’s overall cross-border trade, including transit trade, totalled 264.97 billion baht in the first three months, with Malaysia still the […]
Read MoreBank Indonesia (BI) has pledged to go all out to bolster the economy as the central bank has forecast economic growth to weaken 0.4 percent in the second quarter due to coronavirus containment measures. BI Governor Perry Warjiyo projected gross domestic product (GDP) growth to pick up slightly to 1.2 percent in the third quarter […]
Read MoreMalaysia is emerging as a new market for Cambodian peanut exports, according to a report of the Ministry of Agriculture, Forestry and Fisheries. During the first four months of 2020, continued the source, Cambodia exported 32.64 tons of peanut to Malaysia. Peanuts are one of the plants included in Cambodia’s list of exported goods to […]
Read MoreKasikornbank (KBank) has launched a 1-billion-baht loan scheme, offering interest-free borrowing for the first year to small and medium-sized enterprises (SMEs) with up to 200 employees as a way to keep 41,000 workers on payroll during the pandemic. The bank will also provide a monthly grant of 8,000 baht for three months to SME employees […]
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