The Bank of Thailand’s capital distribution restrictions, announced last Friday in response to the coronavirus pandemic, provide further support to Thai banks’ capital buffers and are in line with regulations in other countries, says Fitch Ratings. Thailand is asking banks to suspend 2020 interim dividend payments and share buybacks and to prepare capital management plans […]
Read MoreCriteo recently unveiled the results of its research analysing the impact of COVID-19 pandemic on the e-commerce landscape. Covering data from the Asia-Pacific region, including Southeast Asia, Criteo’s research uncovered a definitive increase in online sales transactions. This may be attributed to the shift in shopper behaviour as consumers observe social distancing. In […]
Read MoreAircraft parking charges will be waived and a discount on landing and takeoff fees offered to all domestic and international airlines in the latest relief package approved for aviation operators, according to the Civil Aviation Authority of Thailand (CAAT). The package was given the green light at a Civil Aviation Committee (CAC) meeting chaired by […]
Read MoreThe government is gearing up to overhaul its preemployment card program to address findings by the Corruption Eradication Commission (KPK) earlier this month on suspected irregularities in the operation of the program. The committee in charge of the program, whose members include officials of various ministries, has proposed a revision of Presidential Regulation No. 36/2020, […]
Read MoreThe Government is set to review the gross domestic product (GDP) growth target and present the revision to the upcoming session of the National Assembly for discussion, following an economic downturn due to the Covid-19 pandemic. The National Assembly is to open its ninth ordinary session of the 8th legislature in Vientiane tomorrow. A range […]
Read MoreThe Hanoitimes – The fact that the country could realize ADB’s economic forecast is already a no small feat, said the ADB’s country director for Vietnam. Vietnam is predicted to achieve an economic growth rate of 4–4.1% this year, however, there is a possibility that the country may exceed this expectation, according to Country Director of […]
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