Thailand’s headline consumer price index (CPI) fell 2.99% in April from a year earlier, the largest decline in more than 10 years and sharply below expectations, commerce ministry data showed on Tuesday. The reading compared with a forecast decline of 1.20% in a Reuters poll, and with March’s 0.54% decline. The drop was the largest […]
Read MoreMANILA, Philippines — Philippine manufacturing activity recorded a sharp downturn in April following the severe Luzon-wide quarantine that locked down a large section of the economy, according to the latest survey of IHS Markit Philippines. IHS Markit said its final Philippine manufacturing Purchasing Managers’ Index (PMI) declined further to 31.6 in April from 39.7 in […]
Read MoreIndonesia’s economic growth slowed sharply in the first quarter of the year, amid expectations the coronavirus pandemic will take an even heavier toll on Southeast Asia’s biggest economy in months ahead. Gross domestic product rose 2.97% in the first quarter from a year ago, the statistics office said Tuesday. That was worse than the median […]
Read MoreThe Mine and Energy Ministry has called on local and foreign companies to bid for the Kingdom’s coal mining exploration licences in Oddar Meanchey. The announcement wants both local and foreign private companies to apply for a licence to explore coal mines within a 200 square kilometre area in the province’s Ou Svay commune in […]
Read MoreSINGAPORE – Takings at the till in March sank by the most since 1998 as the coronavirus crisis escalated with safe distancing and stay home curbs, but worse is yet to come with tough circuit breaker measures kicking in only in April, said experts. Retail sales dropped 13.3 per cent compared with the same period last […]
Read MoreThe government is considering measures to be included in an unemployment package to aid those who have found themselves jobless due to the Covid-19 pandemic. According to a report in the Vientiane Times, the taskforce for economic affairs was asked to revise measures for the relief of the unemployed at a Prime Minister and Deputy Prime […]
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Thailand
