Thailand warns risk of increasing jobless amid economic woes World

Thailand warns risk of increasing jobless amid economic woes

The number of unemployed workers in Thailand reached 2.5 million in the first half of 2020, and will keep growing next year if state stimulus packages are not strong enough to battle economic woes, according to the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) of Thailand.
Thailand to launch more tourism stimulus packages ASEAN

Thailand to launch more tourism stimulus packages

Thailand will introduce more stimulus measures to boost tourism, jobs and domestic consumption hit hard by the COVID-19 pandemic, according to Deputy Prime Minister cum Energy Minister Supattanapong Punmeechaow.
Indonesia to spend over 24 bln USD on stimulus funding in 2021 World

Indonesia to spend over 24 bln USD on stimulus funding in 2021

The Indonesian Government has announced that it will allocate 356.5 trillion Rp (24.04 billion USD) for COVID-19-related stimulus funding next year in an effort to continue supporting the country’s economic recovery and strengthen the health care system, including the provision of a coronavirus vaccine.
Industry firms benefits from HCM City’s investment stimulus programme Business

Industry firms benefits from HCM City’s investment stimulus programme

In nearly two years since it began, Ho Chi Minh City’s investment stimulus programme for the supporting industries has enabled a number of businesses to acquire new technologies and equipment, upgrade their factories and enter the supply chains of global large corporations, according to the Centre for Supporting Industry Development (CSID).
Indonesia to expand social aid, incentives for businesses World

Indonesia to expand social aid, incentives for businesses

The Indonesian Government is planning to expand its social aid programme and incentives for micro, small and medium enterprises (MSMEs) in an effort to boost consumer spending and revive the economy in the second half of this year.
ASEAN

Thai Cabinet approves 186 economic stimulus projects

Thailand’s Cabinet has approved the first batch of 186 economic stimulus projects worth 92.4 billion baht (3 billion USD) and allocated 15.5 billion baht (500 million USD) to support job creation and tourism-related projects.
Malaysia reduces interest rates to record low World

Malaysia reduces interest rates to record low

Malaysia's central bank on July 7 reduced its interest rates to a record low to fight the impact of the COVID-19 pandemic, and warned that the pace of economic recovery was uncertain.
H1 State budget revenue lowest in seven years Business

H1 State budget revenue lowest in seven years

State budget revenue in the first half of 2020 was down 10.5 percent against a year earlier and equal to just 44.2 percent of the annual estimate; the lowest since 2013, Minister of Finance Dinh Tien Dung told a conference in Hanoi on July 7.
Tuyen Quang strengthens tourism stimulus Videos

Tuyen Quang strengthens tourism stimulus

With plentiful natural wonders, beautiful landscapes, and cultural relics, the northern province of Tuyen Quang has substantial potential to develop its tourism industry. Despite facing difficulties from COVID-19, the province has introduced a range of new measures to attract tourists.
HCM City moves to attract more visitors Travel

HCM City moves to attract more visitors

Ho Chi Minh City is carry out a range of promotion programmes aiming to increase the number of tourists to the city which saw a 54.7-percent drop in the first half of 2020 due to the COVID-19 pandemic.