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Lunar New Year spending expected to hit 11-year low

 

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BANGKOK (NNT) - A survey on people’s spending behavior at Lunar New Year has found that the amount of circulation during the period will likely reach the lowest level in 11 years, owing to the Covid situation and the heightened prices of many consumer products.

 

Full Story: https://aseannow.com/topic/1248352-lunar-new-year-spending-expected-to-hit-11-year-low/

 

Posted

BoT Announces Conditions to Establish JV AMC to Handle Bad Debts

 

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BANGKOK (NNT) - The Bank of Thailand (BoT) has outlined requirements for the formation of a joint venture asset management company (JV AMC) to assist financial institutions in managing long-term bad debts over the long term.

 

Full Story: https://aseannow.com/topic/1248354-bot-announces-conditions-to-establish-jv-amc-to-handle-bad-debts/

Posted

More vessels deployed to prevent oil slick from reaching beaches

 

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Ten additional vessels have been deployed in a major clean-up operation in the seas off Rayong following an oil leak late Tuesday, while fishing boats are laying booms to prevent the oil from reaching the beaches and the Moo Koh Samet-Khao Laem Ya national park, where it would harm coral reefs and marine species.

 

Full Story: https://aseannow.com/topic/1248357-more-vessels-deployed-to-prevent-oil-slick-from-reaching-beaches/

 

Posted

Thailand’s economy forecast to grow by 4% this year

 

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The Thai national economy is expected to grow by 4% this year, thanks to the limited impacts of the COVID-19 pandemic in many countries, the recovery in tourism under the “Test and Go” program and export growth, according to a forecast by the Fiscal Policy Office at the Finance Ministry.

 

Full Story: https://aseannow.com/topic/1248383-thailand’s-economy-forecast-to-grow-by-4-this-year/

 

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