The post-Covid-19 era: Radical changes in Bangkok’s property market Property consultants CBRE have come up with their own evaluation of the current Bangkok office market, already getting pounded by regional trends and a high baht, now suffering another challenge – the Covid-19 coronavirus outbreak. They report that this situation will “create another split in our…
Covid-19 to cut Asian growth to 2.2%, Thailand -4.8% (ADB) Restrained largely by slowing exports, Thailand posted paltry growth at 2.4% last year. GDP growth is likely to slow further to –4.8% this year but could pick up to 2.5% in 2021. Regional economic growth in developing Asia will decline sharply in 2020 due to…
Thailand’s food delivery services are booming Whilst most businesses have been turned upside down by the disruptions caused by the Thai government’s reaction to Covid-19, along with enforced closures, at least one business is booming at this crazy time. With restaurants closed to sit-down customers, the delivery services are providing a valuable service getting food…
BOI Announces Measures to Facilitate Investors Affected by COVID-19 Situation The Thailand Board of Investment (BOI) said in a statement that it remains as committed as ever to serve the needs of investors, and announced practical measures to ensure the continuity of service to support companies The Thailand Board of Investment (BOI) said in a…
Thai Cabinet approves Measures to Ease Economic Impact of COVID-19 The Thai government has approved Phase Two of a series of financial and fiscal relief measures to mitigate the negative economic impact on employers and employees in the sectors most affected by the outbreak of COVID-19 To mitigate the negative economic impact on employers and…