The pandemic has changed the way Thais shop. Ipsos market research polled 3,000 people in six Southeast Asian nations and found Thais ranked second, with household spending decreasing 80%, following Indonesia which had the largest drop at 82%. While people from Singapore, Malaysia, Indonesia, the Philippines and Vietnam are confident about the improving economy, Thais […]
Read MoreSINGAPORE – The World Economic Forum ranked Singapore ahead of all Asian countries in its Energy Transition Index (ETI) 2021 that reflects the progress towards a more inclusive, sustainable, affordable and secure energy system. The index that benchmarks 115 countries also assesses their readiness to energy transition and the current performance of energy systems across […]
Read MoreAccording to the Business Mirror, the Philippines Banana Planter and Exporter Association (PBGEA) stated that profits in the banana export market dropped by 15% because the outbreak of Covid-19 increased shipping costs and delayed transport. This year almost 40% of the Chinese import bananas come from Cambodia and Vietnam The Philippines suffers more from distribution […]
Read MoreVietnam’s e-commerce market will maintain its solid growth trajectory this year, analysts said at a ceremony announcing Vietnam’s E-Business Index within the framework of the Vietnam Online Business Forum on April 20. Speaking at the event, a representative from the Vietnam E-Commerce Association (VECOM) said enterprises have become more dynamic and gradually adapted to e-commerce. […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has directed too big to fail banks to submit concrete and reasonable recovery plans in case of a breach in capital requirement amid the uncertainties brought about by the raging pandemic. BSP Governor Benjamin Diokno said the Monetary Board approved the amendments to the guidelines on […]
Read MoreThe resurgence of Covid-19 is forcing hoteliers to consider temporarily closing down given the low income and poor demand from tourists. Marisa Sukosol Nunbhakdi, the president of the Thai Hotels Association (THA), said non-chain hotels without adequate cash flow are choosing to cease operations from April to October or until tourism demand resumes instead of […]
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Thailand
