State-owned Thai Credit Guarantee Corporation (TCG) has approved 57 billion baht worth of loan guarantees for small and medium-sized enterprises (SMEs) qualified under the Bank of Thailand’s soft loan scheme. These SMEs, however, have yet to receive the soft loans because of financial institutions’ discretion over concerns associated with non-performing loans, said TCG president Rak […]
Read MoreJapanese Foreign Minister Motegi Toshimitsu said that the development of Sihanoukville Autonomous Port is critical for increasing connections within the Southern Economic Corridor and promoting a “Free and Open Indo-Pacific”. The statement came from the Japanese Foreign Affairs Ministry after Motegi’s meeting with Prime Minister Hun Sen on Saturday, the second day of his two-day […]
Read MoreTo help economy MANILA, Philippines — Regaining the confidence of businesses and consumers to spend more is necessary to help revive the pandemic-stricken economy, according to the Bangko Sentral ng Pilipinas (BSP). Dennis Lapid, director of the BSP’s Department of Economic Research (DER), said businesses and consumers need to spend more to revive the economy […]
Read More[SINGAPORE] Bilateral agreements that Singapore signed with other countries have not jeopardised employment opportunities for Singaporeans, Deputy Prime Minister Heng Swee Keat said on Sunday. Responding to criticisms about how free trade agreements or comprehensive economic cooperation agreements had caused Singapore to “sign away important protection for Singaporean (jobs)”, Mr Heng said that such a […]
Read MoreThe government cabinet has instructed authorities to tighten border crossings to prevent illegal entry via non-checkpoints in an attempt to avert the spread of Covid-19. The cabinet gave the instruction at its monthly meeting for August that ended on Friday amid the increased risk of a second wave of the pandemic. Chaired by Prime Minister […]
Read MorePETALING JAYA: Malaysia’s labour productivity per employment shrank by 16% to RM19,455 per person in the second quarter (Q2), with construction taking a big hit, according to the Statistics Department. In its report on the performance of Malaysia’s labour productivity issued recently, it said total hours worked plunged by 27% to 6.2 billion hours from […]
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Thailand
