The COVID-19 pandemic is having a negative impact on CLMV economies through their dependency on foreign-sourced revenue from tourism and exports says KResearchCenter. While the COVID-19 crisis has caused the rate of economic growth in the CLMV bloc to be at its lowest in two decades, the CLMV economies could grow at 3.4 percent this […]
Emergency workers usually busy attending accidents on Thailand’s roads mill around ambulances parked at a service station — fewer crashes and crimes a welcome outcome for several Asian countries during coronavirus lockdowns. As Asia starts to assess the damage caused by the pandemic, some countries are realising there have been unforeseen benefits. Vietnam’s nationwide isolation […]
Thailand has reported no new infections or fatalities today, for the first time since the country recorded its first COVID-19 case four months ago. There were no new cases of Covid-19 over a 24-hour period, or any deaths, Dr Taweesin Visanuyothin, spokesman of the government’s Centre for Covid-19 Situation Administration, said on Wednesday, May 13. […]
As the coronavirus outbreak added strains to frontline health services and back-end supply chains, Thailand’s Board of Investment announced additional measures in April to accelerate investments in the manufacture of medical equipment, which could have positive implications for the health sector’s broader strategic goals. From May 3, small retailers, street food vendors, restaurants outside malls, […]
The coronavirus pandemic (COVID-19) has touched people from all walks of life. Across Thailand, children have been home from school, employees have been working from home, and business owners have struggled to remain viable. All of us have been learning to conduct our daily lives. The less fortunate have lost their jobs or incomes and […]
The Board of Investment of Thailand (BOI) today approved a series of measures to mitigate the impact of the coronavirus or COVID-19 outbreak on business, including steps to encourage rapid investment in the manufacturing of medical equipment. The board also approved incentives to promote technology-based “smart farming” solutions as well as research and development in […]
The Bank of Thailand and the Center for International Trade Studies at the University of the Thai Chamber of Commerce (UTCC) forecast exports to contract by 7-8 percent this year. The Center for International Trade Studies at the University of the Thai Chamber of Commerce said that under the worst-case scenario in which the coronavirus […]
The Thailand Board of Investment (BOI) said in a statement that it remains as committed as ever to serve the needs of investors, and announced practical measures to ensure the continuity of service to support companies as economic activity in this critical period is affected by the spread of the coronavirus disease 2019 (COVID-19) and […]