10 ASEAN member states are on the cusp of a tremendous leap forward in socio-economic progress and their growth will be propelled by four mega-forces, including favourable demographics, rising income levels, geopolitical shifts and digital tailwinds. The World Economic Forum (WEF) has identified rising income levels to be a driving force for the future of consumption in […]
Read MoreFifteen Asia-Pacific nations including China aim to clinch the world’s largest free-trade agreement this weekend, the culmination of Beijing’s decade-long quest for greater economic integration with a region that encompasses nearly a third of the global gross domestic product. The Regional Comprehensive Economic Partnership (RCEP), which includes 10 Asean members including Thailand and countries stretching […]
Read MoreDHL Express will invest some 690 million euros (S$1.1 billion) over the next two years to build new facilities or expand existing ones in its key growth markets of Australia, Japan, Hong Kong and South Korea. It also plans to spend close to 60 million euros to bolster its Asia-Pacific air network, such as by […]
Read More[SINGAPORE] Businesses in the heartlands are likely to see continued increases in revenue, as consumer spending has shifted from the city to the suburbs. So long as work-from-home arrangements and safe distancing measures persist, this trend will likely continue, said researchers at the Asia Competitiveness Institute (ACI), a local think tank in the Lee Kuan […]
Read MoreThailand remained 43rd out of 63 economies in the talent competitiveness ranking by the Institute for Management Development (IMD), pressured by a decline in public expenditure on education and labour force growth. The pandemic weakened countries that base their overall competitiveness on the talent economy as a large part of this is attracting talent from […]
Read MorePETALING JAYA: Leading economic indicators in Malaysia have shown that the economy has passed its trough as the country heads towards a modest recovery with 2020 drawing to a close. Positive distributive trade figures, easing unemployment rates and growing retail sales were suggesting an economic recovery in 2021, alongside the expansionary Budget 2021 which has drawn optimism […]
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Thailand
