While countries in Asia Pacific have made great strides in controlling bribery for public services, an average score of 45 out of 100 on the 2021 Corruption Perceptions Index (CPI) shows much more needs to be done to solve the region’s corruption problems.
French oil company TotalEnergies withdraws from Myanmar
TotalEnergies has not been able to meet the expectations of many stakeholders (shareholders, international and Burmese civil society organisations), who are calling to stop the revenues going to the Burmese state through the state-owned company MOGE from the Yadana field production.
Innocent but charged: Criminal liabilities and exposure in Thailand
Criminal liabilities can be imposed in a variety of ways by numerous government agencies using different tactics just within Thailand, which could be a significant challenge for corporations, directors, and executives seeking to establish thorough safeguards to defend themselves.
“Barely Staying Afloat: The Impact of Covid-19 on MSMEs in Southeast Asia” is the result of collected data in six countries on the impact those lockdowns in multiple sectors, including tourism, agriculture, manufacturing, and services.
Thailand finds first case of the Omicron coronavirus variant
Thailand’s first case of the Omicron coronavirus variant was an American who had travelled from Spain. The patient currently displays almost no symptoms and is under the close supervision of officials.
The World Health Organization (WHO) has declared the new coronavirus variant to be “of concern” and named it Omicron. The WHO says it has a large number of mutations and early evidence suggesting an increased reinfection risk.
Thai Economy bottomed out in Q3 2021 says Bank of Thailand
The Thai economy would expand at a pace close to the previous projection for 2021 and 2022 on the back of domestic spending that gradually recovered following the relaxation of containment measures, partially offsetting the adverse impact of higher global energy prices.
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