The Treasury Department could reduce rental fees for 30-50 business lessees of state properties to mitigate Covid-19 impact. Many businesses have submitted letters to the Treasury Department requesting a reduction in rental fees by 50%, said director-general Yuttana Yimgarund. Airports of Thailand Plc, Phuket Ferry and various small and medium-sized enterprises operating in the hotel […]
Read MoreJAKARTA: Indonesia’s central bank kept its policy interest rate unchanged on Wednesday, prioritising market stability but loosened some lending rules to spur consumption in the pandemic-hit economy. The decision came after Southeast Asia’s biggest economy shrank 5.32% in the second quarter, steeper than expected, and amid a rising number of coronavirus cases in the country. […]
Read MorePlans to stimulate domestic consumption and private investment, curb rising unemployment and speed public investment are to be tabled for consultation at Wednesday’s first meeting of the newly established economic situation administration centre. The cabinet last Thursday gave the green light to establish a centre to handle the nation’s economic rehabilitation from the coronavirus crisis. […]
Read MoreThe government will introduce more stimulus measures to support tourism, jobs and domestic consumption hit by the coronavirus pandemic, a deputy prime minister said on Wednesday. The government plans to increase the benefits contained in an earlier package to boost domestic tourism, while details of other measures will be decided later, Supattanapong Punmeechaow told a […]
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Thailand
