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Search Result for “Coronavirus”

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BUSINESS

IMF cuts 2023 global growth, warns major economies to stall

AFP, Published on 11/10/2022

» Global growth is expected to slow further next year, the International Monetary Fund (IMF) said Tuesday, downgrading its forecasts as countries grapple with the fallout from Russia's invasion of Ukraine, spiralling cost-of-living and economic downturns.

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BUSINESS

Policy tightening to be gradual as recovery slow, says Bank of Thailand

Published on 01/10/2022

» Economic recovery in Thailand remains intact but slow, so monetary policy tightening should be gradual to ensure a smooth recovery while fighting surging inflation, Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput said on Saturday.

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BUSINESS

Industry chiefs applaud staged return to business as usual

News, Post Reporters, Published on 25/09/2022

» Business operators have welcomed the government's further relaxation of Covid-19 restrictions, particularly the downgrading of the virus' status, saying they will attract more tourists and help boost the economy.

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BUSINESS

Singapore overtakes Hong Kong in world financial centres ranking

Bloomberg News, Published on 23/09/2022

» NEW YORK: Singapore has overtaken Hong Kong to become Asia’s top financial centre — and the third in the world — according to a new report that puts New York and London in the first and second spots.

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BUSINESS

Govt targets B1.73trln revenue from tourism next year

Mongkol Bangprapa, Published on 19/09/2022

» The government has set the revenue target from tourism in 2023 at 1.73 trillion baht, government spokesman Anucha Burapachaisri said on Monday.

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BUSINESS

Hopes grow for win-win effect of inbound tourism in Japan, weak yen

Published on 18/09/2022

» TOKYO: Japanese policymakers expect that a further reopening of Japan's borders to foreign visitors will breathe life into inbound tourism that had been hit by Covid-19 travel restrictions.

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BUSINESS

Universal Studios Beijing Cuts Staff as China Sticks With Zero-Covid Policy

Business, Published on 14/09/2022

» When Universal Studios Beijing opened last September after two decades in the making, NBCUniversal and its Chinese joint-venture partner hoped that the magic of Harry Potter would be a source of profits and jobs.

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BUSINESS

Gems and jewellery fair 'to generate B3bn'

News, Post Reporters, Published on 11/09/2022

» The Bangkok Gems and Jewellery Fair, which ends on Sunday, is expected to meet its target of generating 3 billion baht in sales.

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BUSINESS

Japan eases Covid-19 border controls but tourist surge doubtful

Published on 07/09/2022

» TOKYO: Japan's relaxed border measures from Wednesday, including raising a daily cap on arrivals from 20,000 to 50,000, will not translate into a surge of tourists to gun its economy unless they are given greater freedom to travel in the country, industry officials say.

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BUSINESS

Japan raises daily arrival cap to 50,000 as tourism sector sluggish

Published on 07/09/2022

» TOKYO: Japan increased its daily entry cap on arrivals from 20,000 to 50,000 on Wednesday, as the country's tourism sector has been languishing in the face of strict Covid-19 border controls imposed for more than two years.