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Thailand: Travel deals on agenda as jabs start

Thailand is expected to begin signing vaccine passport deals with other countries next month, says the Public Health Ministry. Director-General of the Department of Disease Control Opas Karnkawinpong on Saturday announced that Thailand was planning to enter into bilateral agreements on vaccine passports with low-incidence countries which had begun vaccinating their people against Covid-19. “The vaccine […]

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Philippines: Tax effort tumbles in 2020

MANILA, Philippines — The share of tax collections to economic output fell last year as the pandemic-induced recession slowed down the revenue-generating capacity of collection agencies, according to the Department of Finance (DOF). In an economic bulletin issued over the weekend, Finance Undersecretary and chief economist Gil Beltran said tax effort in 2020 fell to […]

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Thailand: Bankers seek easing of soft loan regulations

The Thai Bankers’ Association (TBA) has asked for an easing of the government’s amendment of the soft loan decree, which was aimed at facilitating better access to funding for small and medium-sized enterprises (SMEs). The TBA submitted its proposal regarding the soft loan decree amendment and the asset warehousing model to the Bank of Thailand, […]

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Thailand: Consumer confidence index perks up

Consumer sentiment picked up for the first time in three months in February, boosted by the government’s economic stimulus measures and the promise of mass distribution of Covid-19 vaccines. The University of the Thai Chamber of Commerce (UTCC) reported on Thursday the consumer confidence index rose to 49.4 in February from 47.8 in January, following readings […]

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