Recent Posts

Thailand approves $4.5b in stimulus with cash handouts

Bloomberg Thailand’s government approved a set of economic stimulus measures worth 140 billion baht ($4.5 billion) to counter the impact from the nation’s biggest coronavirus outbreak yet. The measures — which include cash handouts to welfare-card holders and special groups, co-payments and cash rebates — are expected to be implemented from July, Anucha Burapachaisri, a government spokesman, said on Tuesday. ...

Read More »

Foxconn strikes EV pact with PTT in Thailand

Bloomberg Foxconn Technology struck a multibillion-dollar electric-vehicle partnership in Thailand, its latest move to expand in the fast-growing industry at a time more tech companies including Apple are looking to bulk up their automotive muscle. The Taiwanese electronics giant and Thailand’s state-owned conglomerate PTT Pcl will collaborate on hardware and software for producing EVs, according to a statement from the ...

Read More »

Monsoon rain forecast lifts India farm output prospects

Bloomberg Indian farmers are expected to expand planting of major crops such as rice, corn and soybeans after the national weather forecaster predicted bountiful rains during the June-September monsoon season. The India Meteorological Department maintained on Tuesday its earlier forecast of a normal monsoon, which waters more than half of the country’s farmland. Cumulative rains are likely to be 101% ...

Read More »
Send this to a friend