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Thailand should join Asia-Pacific trade pact talks: business group

Thailand should seek to participate in Asia-Pacific trade agreement negotiations in August before deciding on membership in the pact, a group of leading business associations said on Wednesday. Opposition parties and some civil society groups oppose membership in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), saying it may harm the farm and healthcare […]

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Indonesia: GoPay launches in-app gold investment feature

Technology giant Gojek’s e-wallet GoPay announced on Tuesday a new gold-investment feature called GoInvestasi in partnership with investment fintech start-up Pluang. GoPay managing director Budi Gandasoebrata said the demand for investment through e-wallets had led to GoPay providing the investment platform. “That is why we are sure that an accessible and transparent investment feature is […]

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Thailand plans ‘travel bubbles’ when borders reopen

The government plans to create so-called “travel bubbles” through bilateral agreements designed to keep the novel coronavirus in check when Thailand’s borders are reopened. “Once the situation improves, we’ll allow travel between countries that we have an agreement with,” Prime Minister Prayut Chan-o-cha said in a briefing in Bangkok last week, adding no such pacts […]

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World Bank sees Philippine economy contracting by 1.9%

MANILA, Philippines — The World Bank expects the Philippine economy to contract by 1.9 percent this year, reflecting the disruptions caused by the coronavirus pandemic as well as multiple economic shocks in the beginning of the year. This will be the first annual contraction for the economy since the Asian financial crisis when the economy […]

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