Local banks have continued slashing deposit rates to as low as 2.5% per annum, in tandem with the Government’s principle of lowering lending rates to support borrowers. Techcombank has reduced deposit rates in dong by 0.1 to 0.4 percentage points compared with earlier this month, with those for the one-month term ranging from 2.55% to […]
Read MoreMore than 150,000 foreign nationals need to have their tourist visas renewed by Sept 26 or face a charge of overstaying, warned Pol Col Pakpong Sai-ubol, deputy spokesman of the Immigration Bureau. “Overstaying the tourist visa is punishable by both a jail term and fine under the Immigration Act,” he said, adding offenders would also […]
Read MoreThe special tourist visa (STV) scheme is starting to gain momentum as overseas offices under the Tourism Authority of Thailand (TAT) report high interest from tour agents. After the cabinet approved the STV scheme last week, all TAT offices in Europe received a number of calls and emails asking for more details about the visa […]
Read MoreThe Ministry of Planning and Investment (MPI) has been asked to meet the goal of 6-6.5% GDP growth in 2021. The goal was set during the regular government meeting in August about the socio-economic situation in 2020 and development plan for 2021. The MPI will gather all opinions from related agencies to compile a report […]
Read MoreMANILA, Philippines — The Philippines may lose in the banana export war amid continued stiff competition in the global market, prompting the government to allocate some P263 million to save the local banana industry. Agriculture Secretary William Dar has instructed agricultural attaches in China, South Korea, and Thailand to monitor the global situation as other […]
Read MoreKUALA LUMPUR, Sept 19 — The Employees Provident Fund (EPF) recorded a gross investment income of RM15.12 billion for the second quarter (Q2) ended June 30, 2020. The retirement fund said equities contributed 54 per cent, or RM8.11 billion, to total gross income. Fixed income instruments contributed RM6.17 billion while real estate and infrastructure accounted […]
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Thailand
