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Thailand: Consumer confidence up in June

The consumer confidence index climbed to 81.3 in June from 80.1 in May on exports, tourism and rising farm prices, the University of the Thai Chamber of Commerce announced on Thursday. The increase was also attributed to the government’s signal that it would control fuel prices, a matter that had worried consumers in May. According to […]

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Singapore – MAS: Global growth risks risen ‘significantly’

SINGAPORE: Singapore’s central bank said tail risks to global economic growth have increased “significantly” in the past six months because of a pick-up in inflation and trade tensions. “The world has clearly moved from trade tension to trade conflict,” Ravi Menon, managing director of the Monetary Authority of Singapore, told reporters at the release of […]

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Indonesia: Government to impose 57 percent e-cigarette tax

The government will impose a 57 percent tax on electronic cigarettes, but its implementation has been postponed from July 1 to Oct. 1. The Finance Ministry’s technical and excise director, Nugroho Wahyu, said selling e-liquid without the additional tax was still allowed until Oct. 1. “We cannot implement the regulation starting on July 1 because […]

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Thailand’s digital readiness struggle

Low spending on research and development, coupled with “shallow” digital infrastructure that includes some of the world’s slowest 4G speeds, will impede the progress of Thailand’s drive towards a digital future, according to The Economist Intelligence Unit (EIU). The country placed 49th out of 82 countries surveyed in the Technological Readiness Ranking for 2018‑22 released recently […]

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