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Thailand’s Corporate Governance Ranking Improves

According to Thai News Agency TNA, Thailand came fourth comparatively out of eleven Asian markets in the quality of corporate governance. This was a vast improvement from the ACGA’s previous survey conducted in 2007 in which the Kingdom ranked eighth.

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Thailand’s Corporate GovernanceCG ranking has significantly improved this year, according to a recently released survey by the Asian Corporate Governance Association or ACGA, an independent organisation that works with companies, investors, and regulators throughout Asia.

According to Thai News Agency TNA, Thailand came fourth comparatively out of eleven Asian markets in the quality of corporate governance. This was a vast improvement from the ACGA’s previous survey conducted in 2007 in which the Kingdom ranked eighth.

Singapore topped the list, followed by Hong Kong and Japan.

via BERNAMA – Thailand’s Corporate Governance Ranking Significantly Improves.

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Large Shopping Malls in Bangkok Will Be Closed until July 25th

Shopping malls under the Mall Group, including all branches of The Mall, the Emporium, Emquartier and Paragon Department Store, are also closed for 14 days, from today, except for supermarkets, food courts, pharmacy shops, eateries (take-out and delivery only), banks, mobile phone shops and vaccination sites.

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BANGKOK (NNT) – Large-scale shopping malls in Bangkok and in some dark-red zone provinces are now closed for two weeks, to comply with the latest COVID-19 curbs in 10 provinces.

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Downside risks loom for Thai economy due to Prolonged COVID-19 Outbreak

The most important issue for the Thai economy at present would be the procurement and distribution of appropriate vaccines adequately and timely.

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The Bank of Thailand (BoT) has revealed that Thailand’s economy faces significant downside risks, because a prolonged COVID-19 outbreak could cause the economy to underperform the baseline projection, squeezing business liquidity and slowing employment.

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