Thai exporters are upbeat about business prospects, citing gradual increase in demand, but they are worried about the baht strengthening as well as the shortage of migrant workers. The Thai National Shippers’ Council (TNSC) has revised upward its export projection this year to 8 per cent contraction from 10 per cent contraction previously forecast, says […]
Read MoreVietnam is expected to buy more electricity from neighbouring Laos, Cambodia and China to meet its growing energy needs, local media reported last week. From now until 2030, Vietnam may buy 14GW (14,000MW) of electricity from Laos, 3.8GW from China and 4GW from Cambodia, according to the Saigon Times. Vietnam is buying 572MW from Laos and […]
Read MoreThe Ministry of Health and Sports issued an order extending the Stay-at-Home order two more weeks prohibiting employees working for CMP business. The order will remain effective until October 21 from October 8. The Ministry, as it is fighting and preventing the Covid-19, issued the stay-at-home order on September 20 requiring all the residents in […]
Read MoreIn another push to reopen its borders, resume general travel on a limited basis and revive its decimated air hub, Singapore is planning to start talks on air travel bubbles with countries that have managed the Covid-19 pandemic well. Tourists and other travellers who come in under this proposed arrangement will be tested for the coronavirus, but […]
Read MoreMANILA, Philippines — The World Bank said it is committed to supporting the digital transformation of the Philippines, but underscored the need for reforms particularly in the investment environment. “The World Bank is committed to supporting the Philippines in its digital economy agenda. Reforms that will enable digital transformation across the government and the private […]
Read MoreThe central bank will introduce new rules on the rate of penalty imposed on loan defaulters in a bid to ease borrowers’ burdens and motivate them to repay their debts, a Bank of Thailand (BOT) executive said on Tuesday. Thanyanit Niyomkarn, assistant BOT governor, said the central bank will let financial institutions charge no more […]
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