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Thailand: Mobile revenues down 12.6% in 2020

Thailand’s mobile service revenue fell 12.6% in 2020, weighed down by the impact of the pandemic on mobile subscription growth, while the country’s 5G subscription numbers are expected to surpass 4G by 2025, says GlobalData, a data analytics and consulting firm headquartered in London. According to GlobalData’s Thailand Telecom Operators Country Intelligence Report, mobile subscriptions […]

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Malaysia: Keeping the rate cut option

KUALA LUMPUR: Economists believe the door is open for Bank Negara to consider a rate cut this year despite the central bank keeping the overnight policy rate (OPR) at 1.75%. Alliance Bank chief economist Manokaran Mottain was not surprised by the central bank’s decision to maintain the OPR at 1.75% and said that there was […]

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Fitch unit bullish on Philippine construction sector

MANILA, Philippines — The Philippine construction industry is expected to enjoy double-digit growth this year as revived infrastructure projects are seen helping the country recover from the pandemic- induced recession, according to Fitch Solutions Country Risk & Industry Research. The research arm of the Fitch group said the Philippine construction sector would post a double-digit […]

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