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Tag: Thailand

Posted on May 29, 2020

Record Flood of New Deposits Is a Problem for Thailand’s Banks

Thais are turning to banks as a safe haven, adding deposits at a record pace in the Covid-19 era. While that’s a vote of confidence, the lenders are likely to face a hard time putting all the funds to …

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Posted on May 29, 2020

Coronavirus Lockdown Dims Thailand’s Once-Thriving Sex Trade

In a good week, Nupchan could earn up to $230  — three times the minimum wage — from the throng of tourists that would sweep in and out of Chiang Mai, a city in the hills of northern Thailand famed …

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Posted on May 29, 2020

Thailand’s Economic Front in Fighting COVID-19

Another one trillion baht has been allocated to resuscitate sectors from agriculture to tourism. Moreover, Thailand is investing in human resources by providing training in necessary skills such as …

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Posted on May 29, 2020

Cambodia calls for stricter border control

Cambodian Interior Minister SarKheng has called on local authorities to tighten measures at border checkpoints and prevent Cambodian migrant workers from crossing into Thailand as the country recently …

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Posted on May 29, 2020

Nikon cuts jobs in Thailand and Laos with camera sales slumping

Another 200 cuts occurred in Laos. The numbers represented roughly 10% of the headcount at each location … “We have to prepare for two straight annual losses” at the imaging business, said Chief …

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Posted on May 28, 2020

Coronavirus: Singapore-style stimulus not for Malaysia, Indonesia and Thailand, say economists

Economists say Southeast Asian governments should heed this axiom in fiscal policy as they decide whether to follow regional economic powerhouse Singapore in adding to their already massive rounds of …

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Posted on May 28, 2020

Why Thailand isn’t reopening to international tourists yet

International travelers hoping to visit Thailand will need to wait at least a few more months before packing their bags as the country continues to ban incoming flights due to the Covid-19 pandemic.

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Posted on May 27, 2020

Coronavirus aggravates Thailand’s plastic waste crisis

Thailand began the year with a ban on single-use plastic, but COVID-19 and the resulting lockdown has led to a huge rise in the nation’s plastic waste. Food delivery emerged as a big contributor to …

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Posted on May 27, 2020

The Latest: South Korea may reimpose social distancing rules

South Korea considers reimposing social distancing restrictions. — Thailand officials debate the government’s stimulus packages. SEOUL, South Korea — South Korea’s top infectious disease expert says …

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Posted on May 26, 2020

Coronavirus is a defining test for Thailand’s powerful business families

Thailand has confirmed just over 3,000 coronavirus cases and 56 deaths. This is a relatively light caseload but the disease has devastated the country’s tourism sector and many of its industries, …

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