Thailand’s agri-food sector contracted by 6% or 228 billion baht last year with a corresponding decline of 8% or 730,000 people in its workforce, largely due to the effects of the Covid-19 pandemic, according to a report by Oxford Economics. The nation’s agri-food sector is facing the third most challenging — after Phillippines and Indonesia […]
Read MoreThailand’s economy has been mired in a contraction for five consecutive quarters, starting with a 1.8% dip in the first quarter of 2020 followed by an alarming 12.2% nosedive in the second quarter. The contraction was less severe at only 6.4% in the third quarter, shrinking to 4.2% in the final quarter and only 2.6% […]
Read MoreCambodia’s energy sector may soon swing towards liquefied natural gas (LNG) as the country attempts to increase its domestic energy capacity amid rising demand and to shift away from coal-powered electricity, but energy experts have doubts about the product’s sustainability. In a research paper, global law firm White and Case said international investors are watching […]
Read MoreFlexible management of fiscal policy and public debt under control have played a part in helping Vietnam cope with the pandemic. Vietnam is the only country in the world having its outlook upgraded to “positive” by three major rating agencies of Moody’s, Standard and Poor’s (S&P), and Fitch since the Covid-19 outbreak. S&P on May […]
Read MoreNew computer models are seeing an uptick in price following the global shortage of semiconductors and a surge in demand for IT devices used for remote work and study, according to IT device distributors. Somsak Pejthaveeporndej, chief executive of VST ECS Thailand, said the world faces a shortage of components such as integrated circuits used […]
Read MoreThailand’s unemployment rate hit a 12-year high in the first quarter of 2021 due to the renewed impact of coronavirus outbreaks, the state planning agency said on Monday. The latest, more severe outbreak has seen overall cases nearly quadruple since early April, and deaths increase six-fold. The unemployment rate was 1.96% in the January-March quarter, […]
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