Financial institutions (FI) logged a sudden spike in digital transactions during lockdown, adding further to the upward momentum fuelled by rising fears triggered by a spike in new Covid-19 cases found in connection to the February 20 community transmission. The government on April 14 announced a full lockdown in the capital and neighbouring Takmao town […]
Read MoreFinance Minister Arkhom Termpittayapaisith is concerned a great number of Thais risk an uncomfortable retirement as nearly 40% of the population is prone to spend rather than save. He said the Covid-19 outbreaks have worsened Thailand’s fragile household debt levels. Speaking on Thursday at a seminar on financial literacy, Mr Arkhom said Thailand’s household debt surged […]
Read MoreMANILA, Philippines — The Philippine capital is the third most expensive city to live in in Southeast Asia, with cost of living in Manila significantly higher than the salary of an individual, a survey showed. Based on a study by price aggregator iPrice Group, the cost of living in Manila is quite expensive, ranking third […]
Read MoreThe Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) plans to ask Prime Minister Prayut Chan-o-cha to allow the private sector to import 5 million doses of Covid-19 vaccines by the end of this year during a meeting with the premier next Wednesday. Gen Prayut has expressed interest in the private sector helping with […]
Read MoreThe number of retail cryptocurrency traders in Thailand continues to skyrocket with 24,000 new accounts created in one week in April following the Securities and Exchange Commission’s (SEC) approval for Bitkub to resume accepting new accounts. The number of people who participated in the SEC’s Crypto 101 Fundamentals course via the regulator’s Facebook fanpage, of […]
Read MoreEasing monetary and fiscal policies in combination with institutional reforms are the way for Vietnam to ensure sustainable and rapid economic growth amid global uncertainties. Breakthroughs in institutional reform along with easing monetary and fiscal policies would help Vietnam’s GDP growth to average 6.76% in the 2021-2023 period, with the growth rate this year of […]
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Thailand
