THAILAND’S economy will not fully recover from the novel coronavirus pandemic for another two years, no thanks to the drag from an insipid tourism industry, one economist has warned. Citi analyst Nalin Chutchotitham expects economic activity to rebound to 2019 levels only in mid-2022, as the killer contagion compounds structural issues such as an ageing […]
Read MoreNON-OIL domestic exports (NODX) in Singapore finally succumbed to the Covid-19 pandemic to post a 4.5 per cent drop year on year in May, after four straight months of growth. The fall, following a 9.7 per cent rise in April, was due mainly to a decline in non-electronics exports. Month on month, NODX also posted […]
Read MoreAirlines are eager to fly internationally again as soon as bilateral agreements between countries with low coronavirus risk are settled, as the aviation industry continues to struggle with unprecedented financial stagnation. Santisuk Klongchaiya, chief executive of Thai AirAsia (TAA), said the airline is ready to resume international flights once “travel bubbles” are successfully created and […]
Read MoreNegotiations should be held to reduce delays in the flow of goods between China and Myanmar caused by limitations at the Muse Border Trade Area, says a senior Myanmar official. The delays if the flow of goods is caused by traffic congestions and limited goods inspection facilities and personnel at the trade area in northern […]
Read MoreThe Hanoitimes – Vietnam has a great opportunity to surpass Thailand in rice export this year. Vietnam may become the world’s leading rice exporter in 2020 as shipments of the grain jumped in the first five months of this year, Minister of Industry and Trade Tran Tuan Anh told the ongoing National Assembly plenum on June […]
Read MoreThere are four candidates to replace outgoing governor Veerathai Santiprabhob as the Bank of Thailand’s 24th chief, says Rangsan Sriworasart, the selection committee chairman. Two are insiders at the central bank and two are outsiders, Mr Rangsan said without revealing any names. The committee will announce the applicants’ names tomorrow after the application period closed […]
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