The Thai Government under new Prime Minister Paetongtarn Shinawatra is planning to spend more than 300 billion THB (8.7 billion USD) stimulating the country’s sluggish economy, local media cited the Government House on August 20.

The e-magazine “Doanh nhan Vietnam” (Vietnam Entrepreneur) held a forum in Hanoi on July 23 to discuss business restructuring amid challenges caused by COVID-19.

Indonesia’s central bank has obtained permission to purchase about 42,000 billion rupiah (166.33 billion USD) worth of government bonds in the primary market in 2020, said Finance Minister Sri Mulyani Indrawati.

Thailand’s Finance Ministry said it will explore domestic and foreign funding options for planned borrowing of 1 trillion baht (30.6 million USD) to finance a major economic stimulus programme.

Thailand’s economic ministers have agreed that fresh economic stimulus measures are vital to help boost full-year economic growth to more than 2.6 percent, according to local media.

The Thai Government will continue to issue additional economic stimulus packages after previous measures brought upbeat initial success, said government spokesman Sansern Kaewkamnerd on January 4.

The Indonesian government has announced the fourth out of its five economic stimulus packages in a bid to reverse the domestic economy’s slowdown, according to national news agency Antara.