Global beverage giant Coca Cola and Coca Cola Amatil Indonesia (CCAI) have launched a campaign alongside strategic business consultant Qasa and the University of Indonesia to provide online training for warung (food stall) and small retail shops that have been hit hard by the COVID-19 pandemic. Coca Cola Indonesia spokesperson Trijono Prijosoesilo said on Monday the program, […]
Read MoreThe government will adjust quarantine measures and prepare special arrangements for potential investors, technical experts and consultants who come to the Kingdom, said senior officers of the State Secretariat of Civil Aviation (SSCA). SSCA’s spokesman Sin Chansereyvutha said yesterday the government on Monday reviewed health and safety measures for potential investors. He said the government […]
Read MoreThe banking industry’s bad loans are seen climbing higher for the remaining period of the year, but the central bank is giving assurances that commercial banks’ capital buffer is strong enough to tolerate rising non-performing loans (NPLs) if the economy shrinks 8.1% this year. “Despite signs of rising NPLs from March, it will not affect […]
Read MoreThailand’s economy is expected to be impacted severely by Covid-19, shrinking by at least 5 per cent in 2020 and taking more than two years to return to pre-virus GDP levels, according to the World Bank’s Thailand Economic Monitor, released today (June 30). The pandemic has “shocked the economy especially in the second quarter of […]
Read MoreThailand’s manufacturing production index (MPI) in May climbed slightly from April to 80.3, but was still down by 23.1% year-on-year. The improvement was mainly attributed to the easing of the lockdown, though overall production was unimpressive as businesses struggled against weak domestic purchasing power, lower exports, a global economic slowdown, a drought and the nationwide […]
Read MoreThe government will deploy its seventh tranche of COVID-19 loans, this time to about 300 business affected by the pandemic, in the first week of July. Construction businesses are likely to be considered for next loan tranche from the K200 billion to K500 billion pool under the government’s COVID-19 Economic Response Plan released on April […]
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Thailand
