The Finance Ministry is preparing to inject financial aid worth around 200 billion baht to combat deteriorating economic conditions during the prolonged Covid-19 crisis. Such financial relief will be disbursed through state-owned financial institutions by implementing policies to enhance liquidity and take care of various groups of debtors, said Kulaya Tantitemit, acting director-general of the […]
Read MoreThe Hanoitimes – Administrative reform and higher quality of legal framework will be key for Vietnam to enhance efficiency in economic development and integration. Vietnam targets to attain an annual GDP growth rate of 7 in the next 10-year period, marking it a high-middle income country with modern industrialization in the world. Director of the Vietnam […]
Read MoreOffering an estimate of 80% of inbound travel companies closing, the Association of Thai Travel Agents (Atta) encourages the government to allow vaccinated visitors to visit the country without quarantine in the third quarter to boost demand. Around 30% of 10,000 registered inbound tourism companies have shuttered permanently, while half have stopped their operations temporarily […]
Read MoreSINGAPORE – The private property resale market continues to pick up not just from the Covid-19 fallout but also from the cooling measures implemented in 2018, with prices climbing for the fifth straight month in December. For the whole of 2020, prices of resale condominiums rose 1.4 per cent, just slightly lower than the 1.8 per cent […]
Read MoreThe Hanoitimes – Fitch Solutions holds a more optimistic view on Vietnam’s economic rebound in 2021, with its real GDP growth forecast at 8.6%, against the government’s 6.5% target. Fitch Solutions, a subsidiary of Fitch Group, forecasts Vietnam’s budget deficit (excluding debt payment) in 2021 at 3.6% of GDP, which is lower than the government’s estimation […]
Read MoreInvestor confidence for stocks remains bullish in the first quarter of 2021, supported by foreign fund inflows and domestic economic growth despite concerns that a tourism recovery is still months away as there is a second wave of Covid-19. Banking, petrochemicals and information and communication technology ranked among the most attractive sectors, while tourism was […]
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Thailand
