MANILA, Philippines — Economic decline in the fourth quarter of 2020 likely continued to slow down, but nonetheless remained steep because of remaining restrictions, according to London-based Capital Economics. In a research paper issued over the weekend, the think tank said the Philippines’ fourth quarter 2020 gross domestic product (GDP) likely contracted by 8.5 percent […]
Read MoreThe Thai Chamber of Commerce will follow up on the Thai Restaurant Association’s request that restaurants be allowed to open until 11pm, said the chamber’s chairman, Kalin Sarasin. The association earlier asked the chamber to forward its request to the government. The asssociation said the current closing time of 9pm, imposed as part of Covid-19 […]
Read MoreThe government has issued a decree to promote the participation of both domestic and foreign investors in the development of infrastructure and public service delivery projects through private-public partnerships (PPP). PPP projects are proliferating in Laos because the government requires huge investment to improve road networks, railways, and other amenities to boost economic growth. Economists […]
Read MoreKUALA LUMPUR: Foreign companies that have invested in the country say they remain committed to the country as they value and appreciate the long-term partnership with the Malaysian government and look forward to many more years of success. On the re-implementation of the movement control order (MCO 2.0) and the proclamation of emergency to contain […]
Read MoreMANILA, Philippines — Motor vehicle and motorcycle production, as well as sales in the Philippines, recorded a double-digit drop from January to November last year compared to a year ago on continued weak market demand due to the pandemic. Data from the Association of Southeast Asian Nations (ASEAN) Automotive Federation (AAF) showed motor vehicles assembled […]
Read MoreState aid measures for struggling taxpayers, including deadline extensions for filing income taxes, a 90% reduction in land and building taxes and a reduced 0.01% fee for property transfers and mortgages, are scheduled to go before the cabinet next week. Prime Minister Prayut Chan-o-cha made an announcement on his Facebook page on Friday that the […]
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Thailand
