With a bumper crop and good export prices, Vietnam’s rice export volume and turnover have exceeded Thailand’s, making the former the second largest exporter amid the Covid-19 crisis. While the exports of many farm produce items have fallen dramatically because of the epidemic, exports of rice have been high. The Ministry of Agriculture and Rural […]
Read MoreState-owned Thai Credit Guarantee Corporation (TCG) has approved 57 billion baht worth of loan guarantees for small and medium-sized enterprises (SMEs) qualified under the Bank of Thailand’s soft loan scheme. These SMEs, however, have yet to receive the soft loans because of financial institutions’ discretion over concerns associated with non-performing loans, said TCG president Rak […]
Read MoreSome companies are beginning to restore cuts they made to managers’ salaries and bonuses in the early, bewildering days of the pandemic shutdowns, a sign that some industries–and their white-collar workers–are benefiting from glimmers of a recovery while millions of others continue to endure job and income losses. In the first weeks of the pandemic, […]
Read MoreAnother government-backed centre has been established for the purpose of managing an economy rattled by the pandemic crisis, with redundancy and business interest as the core qualms expressed over the move. The cabinet on Aug 23 gave the green light to establish a centre to handle the country’s economic rehabilitation from the coronavirus crisis. The […]
Read MoreBANGKOK: Thailand’s fiscal policy should play a greater role to help the economy recover from the impact of the coronavirous pandemic, the central bank governor said on Friday, with the benchmark interest rate at a record low. The central bank will focus on assisting with debt restructuring, Veerathai Santiprabhob told reporters after the launch of […]
Read More[BANGKOK] Thailand’s fiscal policy should play a greater role to help the economy recover from the impact of the coronavirous pandemic, the central bank governor said on Friday, with the benchmark interest rate at a record low. The Bank of Thailand (BOT) will focus on assisting with debt restructuring, Veerathai Santiprabhob told reporters after the […]
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