The Cabinet on Monday approved 37.1 billion baht of assistance to help low-income workers during the country’s current coronavirus outbreak, a government spokesman said. The government will offer 4,000 baht each to 9.27 million workers, Anucha Burapachaisri told a briefing. The new relief followed a recent 210 billion baht scheme for about 31 million people. […]
Read MoreThailand’s PTT Exploration and Production Public Company Limited (PTTEP) has made its largest-ever gas discovery in Malaysia, the company announced in a press release on February 10. PTTEP made the discovery through its wholly-owned subsidiary, PTTEP HK Offshore Limited (Malaysia) (PTTEP HKO), which successfully completed drilling the Lang Lebah-2 appraisal well under the Sarawak SK […]
Read MoreThe government cut its estimate for economic growth this year to 2.5-3.5% after Thailand suffered its worst slump in more than two decades in 2020 due to the shock from the Covid-19 pandemic. The government had previously forecast growth 3.5-4.5% for this year, and the downward revision comes despite latest data showing the economy shrank less […]
Read MoreTHE Ministry of Trade and Industry (MTI) is maintaining Singapore’s gross domestic product (GDP) growth forecast at 4 to 6 per cent for 2021. For 2020 as a whole, the Singapore economy contracted by 5.4 per cent, a reversal from the 1.3 per cent growth recorded in 2019. In its report released on Monday, MTI’s […]
Read MoreBrunei Darussalam is the third highest ranked country in Southeast Asia in the digital inclusiveness index, scoring high for affordability, accessibility, ability and attitude, according to global consultancy Roland Berger’s Digital Inclusion Index 2020. Singapore took the top spot, while the second-highest ranked country on the index was Malaysia (21st), followed by Brunei and Thailand […]
Read MoreThe Hanoitimes – Covid-19 accelerates deals activity for digital and technology assets in a highly competitive market. While the market has adopted a cautious approach so far, Vietnam’s M&A activity is in a strong position for recovery as the country started 2021 with a positive economic outlook. Ong Tiong Hooi, Partner of Transaction Services, PwC Vietnam […]
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Thailand
