The cross-border QR payment service will facilitate consumption and payments for both countries’ consumers. Under an interoperable payment QR code scheme, tourists from Thailand could scan QR codes displayed at stores in Vietnam to pay for goods and services, while Vietnamese travelers in Thailand could the same. In the first phase of the project, Thai […]
Read MoreMANILA, Philippines — Moody’s Investors Service warns that delayed recovery from the pandemic-induced recession, as the number of COVID-19 infections soars to new record levels, is credit negative for the Philippines. In its latest issuer comment, the debt watcher said the new pandemic containment measures last March 22, including a ban on mass gatherings and […]
Read MoreIn recent talks with VietNamNet, Dr. Nguyen Duc Kien – Head of Economic Advisory Group to the Prime Minister – said the pandemic battle and mass media communications have to be adjusted to support economic development. What is your view about our economic situation under the impact of policies to fight pandemic? In the first […]
Read MoreMore than 29,000 Thai export items will receive a tariff waiver from Jan 1 next year under the Regional Comprehensive Economic Partnership (RCEP) trade pact, the world’s biggest free trade deal. The agreement was signed by 15 nations in Asia-Pacific, including Thailand in November last year, and needs ratification from at least nine countries to […]
Read MoreThailand has lost about 1.45 million tourism jobs during the coronavirus pandemic, including 400,000 in the first quarter, a private tourism group said on Monday, as the country gets ready to reopen to visitors to try to rescue the struggling sector. Tourism is a key driver of Thailand’s growth, typically accounting for 11-12% of gross […]
Read MoreCambodian exports of industrial products, including garment products, were worth $6.370 billion in 2020, a year-on-year decrease of 43 percent, according to data released by the Ministry of Industry, Science, Technology and Innovation. The ministry’s report showed that exports of garments, footwear and travel goods reached only $3 billion, a massive decrease from the $9.32 […]
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