The private sector has pledged to move forward and collaborate with the government to speed up vaccine distribution and seek alternative vaccines to build up the country’s confidence. Sanan Angubolkul, the newly-appointed chairman of the Thai Chamber of Commerce (TCC) said on Wednesday after meeting with Prime Minister Prayut Chan-o-cha that 2,629 companies are set to […]
Read MoreWhile the lingering lockdown and spillover effects from the recent spate of COVID-19 cases clouds all economic predictions in Cambodia with uncertainty, Asian Development Bank’s (ADB) Cambodian branch believes recovery is on the horizon for the economy this year and next, with annual growth of 4 and 5.5 percent, respectively. The team discussed Cambodia’s status […]
Read MoreA new round of restrictions aimed at containing the fresh wave of Covid-19 will shake the Thai economy’s fragile recovery from its 2020 slump, says CIMB bank. The bank has revised down its GDP growth forecast for 2021 from 2.6 per cent to 2.2 per cent. The Bank of Thailand has already signalled it will […]
Read MoreThe Cabinet agreed on Tuesday to reduce export tariff for rice heading to Europe and the United Kingdom in a bid to boost the competitiveness of Thai rice in the world market. Deputy government spokesperson Ratchada Thanadirek said the Commerce Ministry had proposed the reduction on tariff based on agreements between Thailand and the European […]
Read MoreVietnam’s growth momentum remains strong this year and next, made possible by the country’s success in controlling the spread of the corona virus. Despite the recent resurgence of the Covid-19 pandemic in nearby countries, Vietnam is set to be the fastest-growing economy in the Southeast Asian region with an economic growth of 6.7% in 2021 […]
Read MoreSINGAPORE: Emerging Asia’s central banks are expected to opt for supporting their economic recoveries rather than tackling volatile price swings this year. All eight emerging Asian economies, including India and Indonesia, are seen holding benchmark interest rates steady through 2021, according to the median forecasts from Bloomberg surveys of economists. Higher real interest rates will […]
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Thailand
