Manufacturing activity declined further in October as manufacturers cut back on production and reduced workforce amid weak demand, showing further signs of sluggish economic recovery in the fourth quarter. The manufacturing gauge Purchasing Managers’ Index (PMI) survey data published by IHS Markit on Monday showed that the PMI had risen from 47.2 in September to […]
Read MoreForeign direct investment (FDI) applications fell 29% in the first nine months of this year to 118.5 billion, as investors were deterred by the pandemic. The Board of Investment reported on Wednesday the number of foreign direct investment applications totalled 657 projects, compared with 665 projects in the same period of last year. Japan remains Thailand’s […]
Read MoreThe Women’s Aid Organisation (WAO) and gender equality-focused social enterprise Engender Consultancy would like to reiterate the importance of Budget 2021 in tackling the gender gaps in our society that have been worsened by the Covid-19 pandemic. Safeguarding women’s safety from violence, women’s employment, and women’s and girls’ access to healthcare must be front-and-centre in […]
Read MoreThe government through the Commerce Ministry looks set to organise the final discount scheme of the year covering more than 13,000 product items nationwide in November, a move to help lower costs of living for the people. According to Commerce Minister Jurin Laksanawisit, the seventh campaign in which the ministry has partnered with modern trade, […]
Read MoreExperts believe that the impact of Covid-19 will last at least 12-16 months more. Only 14 percent of companies, the most agile and flexible, can become the ‘winners’, according to Arnaud Ginolin, CEO of BCG. Covid-19 has been called a ‘black swan’ as it has cast a dark shadow over the global economy. However, it […]
Read MoreMANILA, Philippines — Term deposit rates rose further as preference shifted to the longer tenor as cash-rich banks continued to park excess funds in the liquidity absorption facility, according to the Bangko Sentral ng Pilipinas. BSP Deputy Governor Francisco Dakila Jr. said the yield of the seven-day tenor increased by 1.673 basis points to 1.954 […]
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Thailand
