Tag: Thailand
Coronavirus Pandemic Pushes Millions Of Small Thailand Businesses Into Crisis
Many small and medium-sized enterprises, the backbone of Thailand's economy, are struggling with crushing debt loads that could force them out of business as the...
Southeast Asia Faces Long Road Back to Previous Growth: Survey
The prolonged Covid-19 pandemic is clouding economic projections for Southeast Asia, with most countries not expected to return to pre-pandemic growth levels for several...
Southeast Asia’s attempts at replicating Singles’ Day sales drive shopping boom
Monthly mega-sales events are emerging as a key driver for Southeast Asia’s online-shopping boom, a study showed, as the region’s retailers are seeking to...
Emerging Asia Faces Capital Outflow Risk As U.S. Fed Signals Rate...
Capital has started to pour out of Asian emerging markets as coronavirus outbreaks slow the region's economic recovery while investors price in the likelihood...
Philippines Tops Asian Forecasts For Lower GDP, Faster Inflation
Philippine inflation may remain above 4% this year, complicating government efforts to salvage the economy from the havoc wrought by the pandemic.
Economists have raised...
Thai Cabinet approves $4.5 billion stimulus package amid new Covid-19 outbreak
Thailand's government approved a set of economic stimulus measures worth 140 billion baht (US$4.5 billion) to counter the impact from the nation's biggest coronavirus...
The Economy of Thailand: More than Tourism?
The Thai economy is the second largest in Southeast Asia. Being right in the center of one of the most vibrant economic clusters on...
Thai Banks Will Soon Be Tested As Moratorium Ends
According to S&P Global Ratings, the asset quality of Thailand's banks is set to deteriorate in the next 12 to 24 months, with the...
Thai Tax Breaks Gets The Greenlight
Thailand’s Centre for Economic Situation Administration (Cesa), has recently approved a proposal to offer taxpayer income tax deductions of up to 30,000 baht for...
Thailand Approves 67 Billion Baht in SME Loan Guarantees
The state-owned Thai Credit Guarantee Corporation (TCG) has recently approved a huge 57 billion baht (US$1.8b) worth of loan guarantees for SMEs qualified under...
Phuket Reopens It’s Beaches
The lush island province of Phuket, known for its breathtaking views and bustling tourism industry, will be reopening its beaches as the risk of...
