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BUSINESS

Bangkok gears up for motor show as restrictions ease

Reuters, Published on 14/07/2020

» Bangkok on Tuesday prepared to host its twice-postponed annual auto show, with organisers saying it would showcase the country's success in containing the coronavirus.

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BUSINESS

Recovery slows but 0% policy rate unlikely: BoT

Reuters, Published on 14/07/2020

» Thailand's economic activity may not return to levels seen before the Covid-19 pandemic until 2022, but the country's record-low policy interest rate of 0.50% is unlikely to go to zero percent, the central bank said on Tuesday.

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BUSINESS

Chinese trade sees surprise bounce as virus recovery picks up

AFP, Published on 14/07/2020

» BEIJING: Chinese trade enjoyed surprise growth in June as the world slowly emerges from economy-strangling lockdowns, though officials warned of headwinds for recovery owing to the spread of the pandemic.

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BUSINESS

Singapore, Malaysia to start green lane for business travel

Bloomberg News, Published on 14/07/2020

» Singapore and Malaysia will implement a reciprocal green lane for cross-border travel between both countries, according to a press statement from both ministries of foreign affairs.

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BUSINESS

Virus-hit Singapore plunges into recession as economy shrinks 41%

AFP, Published on 14/07/2020

» SINGAPORE: Singapore plunged into recession in the second quarter as growth fell 41.2% quarter-on-quarter with the trade-dependent economy hammered by the coronavirus, preliminary data showed Tuesday.

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BUSINESS

Cisco: Pandemic hastens digital uptake

Business, Suchit Leesa-nguansuk, Published on 14/07/2020

» As the pandemic creates new working patterns, including remote work, business demand for technologies that help streamline operations in line with these new patterns are on the rise, says network technology giant Cisco Systems.

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BUSINESS

Health concerns turn to herbs

Business, Pitsinee Jitpleecheep, Published on 14/07/2020

» In light of the outbreak, people are becoming more health-conscious, which has manifested in an increased focus on herbs.

BUSINESS

Third-quarter investment strategy

Business, Published on 14/07/2020

» As we enter the second half of 2020, Covid-19 remains a serious challenge worldwide, with more than 12.3 million cases and deaths exceeding 550,000. Concern is now centred on acceleration in new infections, which are now reaching more than 200,000 per day.

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BUSINESS

True shelves expansion blueprint

Business, Pitsinee Jitpleecheep, Published on 14/07/2020

» True Lifestyle Retail Co, the operator of True Coffee chain, has temporarily stopped its food and coffee expansion both at home and abroad this year because of lingering concerns about the coronavirus pandemic.

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BUSINESS

BBL to apply Bank Permata model globally

Business, Somruedi Banchongduang, Published on 14/07/2020

» Bangkok Bank (BBL) is conducting a feasibility study on applying the retail business model of its Indonesian subsidiary PT Bank Permata to the bank's international network.