The Government Savings Bank (GSB) is proposing that the Finance Ministry adjust emergency loan conditions to expand the credit line for informal workers after the loan programme received a tepid response. The bank’s emergency loan programme is designed for employees affected by the coronavirus crisis, such as those working in the tourism industry or employees […]
Read MoreThe Vietnam Timber and Forest Product Association has sent an urgent petition to the Ministry of Finance, Ministry of Agriculture and Rural Development and Ministry of Industry and Trade about congestion of wooden planks set for export at ports. The congestion has been attributed to Document No. 4250/TB-TCHQ issued by the Viet Nam Customs on June […]
Read MoreThe banking sector continued to endure transactional crashes in the second quarter, albeit at a lower rate, as transaction volume surged. A total of 25 transactional crashes occurred from April to June in all transaction channels, compared with 38 in the previous quarter, according to Bank of Thailand data. The transaction failures were mostly in […]
Read MoreSINGAPORE retailers saw till takings slide again in June, after the end of a two-month “circuit breaker” in April and May, despite looser coronavirus restrictions part-way through the month. The transition to Phase Two of a three-stage reopening on June 19 could not stave off a 27.8 per cent year-on-year drop in retail sales, the […]
Read MoreThe Tourism and Sports Ministry plans to propose to the prime minister the idea of ditching dual pricing at local attractions for expatriates in Thailand, as well as asking tour operators to tailor packages to this target group. The packages should be attractive enough to lure expatriates, a group that could contribute 1 billion baht […]
Read MoreResolution 116/2020/QH14 granting a reduction of 30 per cent on corporate income tax (CIT) for eligible enterprises officially came into effect on Monday. The policy is a major effort to help companies overcome the negative impacts of the COVID-19 pandemic on business operations. Under the resolution, all enterprises, co-operatives, agencies and organisations established under Vietnamese […]
Read More
Thailand
