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Thailand: April factory output drops 17.2%

The manufacturing production index (MPI) declined for a 12th straight month in April, down 17.21% from a year earlier, hit by lower production of cars, petroleum and beer amid the coronavirus outbreak, the industry ministry said on Wednesday. That compares with a forecast for a drop of 19.55% in a Reuters poll, and against March’s […]

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Thailand: Post COVID-19: What should we expect?

COVID-19 has disrupted everything with whiplash effect. The science is unsettled, there’s no single approach by governments, and news coverage is schizophrenic. Let’s examine what is expected for society, community, family and personally. Working Definitions A prediction offers a statement of what will happen in the future based on an inference of events or knowledge. […]

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Vietnam gov’t pushes for wider use of cashless payment

The Hanoitimes – Cash has constituted 11.3% of total means of payment as of December 31, 2019. Prime Minister Nguyen Xuan Phuc has issued a directive No.22 urging stronger measures in adopting cashless payment in Vietnam. Under the directive, after nearly four years since the implementation of a national plan on cashless payment development in the […]

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Additional measures to assist virus-hit economy in Cambodia

The Royal Government of Cambodia has announced additional measures to assist COVID-19-affected private sector and factory workers and to restore the economy after the crisis. The measures, the fourth round of its kind, are aimed to maintain the economic and social stability, particularly to keep the stability of virus-hit businesses during this hard time. For […]

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