The consumer confidence index (CCI) rose for the second straight month in September, backed by strong exports and improved growth forecasts, but concerns about uncontrollable risks still weighed, according to the University of the Thai Chamber of Commerce. Vice-president for research Thanavath Phonvichai said the CCI rose to 75.0 in September from 74.5 in August. […]
Read MoreHANOI — Small and medium-sized enterprises (SMEs) must improve their transparency to enable them to access banking credits, experts said at a conference on Thursday. The conference was jointly held by the Vietnam Chamber of Commerce and Industry and the State Bank of Vietnam to discuss credit boosts for SMEs facing long-standing difficulties in accessing […]
Read MoreMANILA, Philippines — The consumer price index continued to accelerate in September, rising to a five-month high of 3.4 percent from 3.1 percent in August and 2.3 percent in the same period last year due to faster increases in food prices, the Philippine Statistics Authority reported yesterday. The PSA attributed the faster increase in inflation […]
Read MoreKUALA LUMPUR: Japan’s Sumitomo Mitsui Banking Corp (SMBC) is looking to back a push by Japanese firms planning to invest in Malaysia’s Sharia-compliant halal market, an SMBC official said. Japanese companies active in food, cosmetics, logistics, transportation and storage are keen to tap the Malaysian market in a drive to appeal to Muslim customers globally, […]
Read MoreThailand is to provide the know-how and expertise to help develop community-based tourism (CBT) in Laos, Cambodia and Bhutan. This will be the first time the three countries are working closely with Thailand specifically on CBT development, after joining forces on cross-border tourism, logistics and connectivity, and environment issues. Chuwit Mitrchob, deputy director-general at the […]
Read MoreKasikorn Research Center (K-Research) has emerged as the latest to jump on the economic growth bandwagon by increasing its forecast to 3.7% this year from 3.4% after stronger than expected export growth. The research house also raised Thailand’s export growth projection significantly to 7% this year from 3.8%, in line with the global economic recovery. […]
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