COVID19

Thai Baht's Surge Threatens Tourism and Exports

2 months ago

In the wake of devastating economic impacts from the COVID-19 pandemic, the Thai baht is exhibiting an impressive rise, reaching its highest value against the US dollar since 1998. In the last month, the currency has strengthened by 5.3%, putting critical sectors of the country's economy, particularly tourism and exports, at risk. This unexpected surge, driven by increased investments in government bonds and political stability, may adversely affect Thailand’s goods and services competitiveness on the international stage.

The Hidden Threat of COVID-19: How the Virus May Affect Brain Health

3 months ago

Recent studies show that COVID-19 may have more severe consequences on brain health than previously thought. Researchers have found a link between the coronavirus infection and an increased risk of developing dementia, raising serious concerns about the virus's long-term effects on cognitive functions.

Malaysia Considers Bringing Back Consumption Tax to Boost Finances

3 months ago

The Malaysian government is contemplating the possibility of reinstating a consumption tax as a means to strengthen the country's financial position and address the economic challenges that arose following the COVID-19 pandemic. The Ministry of Finance, led by Minister Tigaü Tuan, is exploring various revenue sources to stabilize the budget and ensure sustainable economic growth.