Thailand’s food industry remains promising, driven by rising food demand during the Covid-19 pandemic. Speaking at the “Thai Food, World Food” fair, Commerce Minister Jurin Laksanawisit said despite a weak global economy, the ongoing trade spate, a strong baht and the deadly virus outbreak, Thailand has been doing well in food exports. “Thailand is the […]
Read MoreBank Indonesia (BI) has cut its benchmark interest rate for the fourth time this year to bolster the recovery from the coronavirus pandemic, which has dealt a crushing blow to the country’s economy. The central bank slashed its benchmark interest rate, the BI seven-day reverse repo rate, by 25 basis points (bps) to 4 percent, […]
Read MoreThe Ministry of Health (MoH) has raised the red flag on a dietary product found to contain sibutramine, following testing by the Department of Scientific Services under MoH. Extra Looksliim (lemon tea flavoured, 15 packets x 15g) is manufactured by AS Legacy Sdn Bhd Malaysia. The use of sibutramine in food is prohibited under the […]
Read MoreMyanmar is expected to meet its foreign direct investment (FDI) target of US$5.8 billion in the current fiscal year 2019-2020, and over $4.6 billion flowed into the country around the ten months, said U Thant Sin Lwin, director-general of the Directorate of Investment and Company Administration (DICA). “We intend to reach FDI target of US$5.8 […]
Read MoreMANILA, Philippines — Despite economic shocks brought by the pandemic, the Philippines’ most-prized credit ratings are safe for now, securing another badge of creditworthiness from Moody’s Investors Service on Thursday who kept the country under investment grade. The global debt watcher kept the country’s credit rating at “Baa2” — two notches below the coveted “A” grade […]
Read MoreThe Civil Aviation Authority of Thailand has banned all flights with Covid-19 infected passengers from transiting through Thailand after China banned two flights from here. CAAT director-general Chula Sukmanop spoke of the new measure on Thursday in response to the report that the Chinese government temporarily banned the services of Thai AirAsia X and Thai […]
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