The ASEAN Post on May 11 published an article titled “Building food security during the pandemic”, calling on the international community to act immediately to keep food supply chains operating.
Thailand’s Tourism and Sports Ministry is considering a plan to collect tourism levy from foreign arrivals once inbound flights and tourism activities resume in the country.
Export-oriented economies in South-east Asia could take longer to recover from the coronavirus-led slowdown, compared with those with lower exposure to the impact of the global recession, a report from Morgan Stanley suggests
RCEP may be signed by year-end, but without India
The Philippines suffered its first economic contraction in 22 years, the government announced on Saturday, with results from a first quarter weighed down by unexpected shocks, such as Covid-19.
Thailand’s GDP is expected to contract between 3-5% for 2020, and exports by up to 10%. The predictions from Suphan Mongkolsuthee, president of the Federation of Thai Industries and chairman of the private sector joint committee. He also believes that the Thai economy has probably reached its ‘low point’ and will start recovering from now.
In 2020, the government must examine why domestic enterprises are hesitant to stand up to the global high trade
Minister of Industry and Trade Tran Tuan Anh, on behalf of ASEAN Economic Ministers, held a phone discussion with Secretary-General of ASEAN Lim Jock Hoi on May 6 regarding plans for recovering the regional economy and maintaining intra-bloc supply chains after the COVID-19 pandemic has been brought under control.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
