The Covid-19 pandemic has put the Thai government in a bind, having to choose between saving lives and protecting their livelihoods. Since March last year, Thailand has announced several economic stimulus packages in phases, covering cash handouts to severely affected persons, farmers, vulnerable groups and welfare cardholders; domestic tourism promotion; personal income tax reduction; employment […]
Read MoreStrong economic recovery, which is expected post-pandemic, and rapid growth of e-commerce will likely result in a significant surge in road freight for Vietnam and other ASEAN economies, said logistics experts. According to a report by the Deutsche Post DHL Group, e-commerce in the region has been forecast to grow at a rate of 5.5 […]
Read MoreThe Lao economy is on course for moderately improved growth in 2021, despite an outbreak of Covid-19 denting the promising economic recovery made earlier in the year, according to the World Bank. The Bank’s latest Economic Monitor for Laos – A Path to Recovery – predicts that gross domestic product (GDP) growth will rise to […]
Read MoreKUALA LUMPUR (BERNAMA) – The Malaysian Government will focus on achieving two main objectives in an effort to revive the country’s economy, including restoring the well-being of the people in line with efforts to increase consumer purchasing power. Malaysian Prime Minister Ismail Sabri Yaakob said to reduce the long-term economic impact of COVID-19, the government […]
Read MoreExports rose more than expected in July but Thailand’s biggest coronavirus outbreak to date and movement restrictions are likely to impact shipments in August and September, , Commerce Minister Jurin Laksanawisit said on Monday. That compares with a forecast for a rise of 19.7% in July in a Reuters poll and after a rise of […]
Read MoreThe Council for the Development of Cambodia (CDC) has approved a new garment factory in Kandal province. Auspicious Bag and Shoes Accessories Co Ltd is investing $2.4 million in the project at Kraing Makak in Ang Snuol district. The CDC says it is likely to create 380 jobs for locals. In recent months the CDC […]
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Thailand
