Asia’s factory pain showed signs of easing in June, as a rebound in China’s activity offered some hope the region may have passed the worst of the devastation caused by the coronavirus pandemic. But sluggish global demand and fears of a second wave of infections will tame any optimism on the outlook and keep pressure […]
Read MoreThe Hanoitimes – Core inflation in the first six months of 2020 rose by 2.81% year-on-year. The consumer price index (CPI), the main gauge of inflation, expanded 4.19% year-on-year in the first half of 2020, the highest six-month growth rate during the 2016 – 2020 period, according to the General Statistics Office (GSO). Meanwhile, the country’s […]
Read MoreCambodia’s American Chamber of Commerce (AmCham) held a virtual seminar yesterday providing advice to local business owners about preparing their organisations for the next phase of business after COVID-19 restrictions are lifted. Key speaker Jay Acharya (Consultant at The Capacity Specialists), stated the current level of mass closures by governments to stop the initial spread […]
Read MoreThe government has unveiled a new rule to guarantee working capital loans for micro, small and medium enterprises (MSMEs) in a bid to boost credit disbursement from banks, as risk aversion increases amid the COVID-19 pandemic. Finance Ministry Regulation (PMK) No. 71/2020 published on Monday stipulates that the government will assign state-owned credit insurer Jaminan […]
Read MoreThailand’s medical hub committee on Tuesday unveiled a set of guidelines for medical tourism as the country gears up to open its borders to international visitors. The first meeting of the medical hub committee — which was attended by members of the public, related government ministries and the private sector — resulted in three decisions, […]
Read MoreThe World Bank flagged a warning that 8.3 million workers in Thailand could lose jobs or income from the coronavirus pandemic, but the Thai economy is estimated to bounce back to pre-pandemic level in the next two years as the country eases its coronavirus lockdown. The coronavirus crisis has put many jobs, in particularly those […]
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