The government has unveiled a new rule to guarantee working capital loans for micro, small and medium enterprises (MSMEs) in a bid to boost credit disbursement from banks, as risk aversion increases amid the COVID-19 pandemic. Finance Ministry Regulation (PMK) No. 71/2020 published on Monday stipulates that the government will assign state-owned credit insurer Jaminan […]
Read MoreThailand’s medical hub committee on Tuesday unveiled a set of guidelines for medical tourism as the country gears up to open its borders to international visitors. The first meeting of the medical hub committee — which was attended by members of the public, related government ministries and the private sector — resulted in three decisions, […]
Read MoreThe World Bank flagged a warning that 8.3 million workers in Thailand could lose jobs or income from the coronavirus pandemic, but the Thai economy is estimated to bounce back to pre-pandemic level in the next two years as the country eases its coronavirus lockdown. The coronavirus crisis has put many jobs, in particularly those […]
Read MoreThe coronavirus outbreak continues to wreak havoc on Thai tourism, with a key gauge nearing rock bottom in the second quarter and 2.6 million workers in the industry at risk of unemployment. Chairat Trirattanajarasporn, president of the Tourism Council of Thailand (TCT), said the tourism confidence index polled 770 tourism-related operators during May 10-25 and […]
Read MoreMANILA, Philippines — Most taxpayers settled their tax obligations online in the first six and a half months of the year due to the movement restrictions to limit the spread of coronavirus disease 2019 or COVID-19 pandemic, according to the Department of Finance (DOF). Citing preliminary data from the BIR, the DOF said the bulk […]
Read MoreCambodia’s rice exports increased by 41 percent in the first six months of the year, according to the Minister of Agriculture, Forestry and Fisheries. Agriculture Minister Veng Sakhon said that Cambodia exported 397,660 tonnes of milled rice from January to June this year, an increase by 42.25 percent, compared with 281,538 tonnes in 2019. He […]
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