Despite a new wave of Covid-19 cases in Thailand, Chinese buyers are prepared to purchase Thai properties in the second half of 2021, driven by the expectation of a distribution of vaccines and the reopening of inbound tourism. Kashif Ansari, co-founder and chief executive of Kuala Lumpur-based real estate marketing firm Juwai IQI Group, said […]
Read MoreCross-border trade between Cambodia and Thailand dropped 22 percent Jan-Nov (including transit trade) compared with year-to-date (YTD) figures for the same period in 2019. Bilateral trade for the period amounted to $6.6 billion, down from $8.6 billion in 2019 according to statistics from the Cambodian Embassy in Thailand. Cambodian exports to Thailand totalled $1.1 billion […]
Read MoreThe Hanoitimes – Around 70.86 million medical face masks were shipped last December, a sharp decrease of 59% against the previous month. In a year ravaged by the Covid-19 pandemic, Vietnam exported a total of 1.37 billion medical face masks, according to the General Statistics Office. The General Department of Vietnam Customs (GDVC) went on to […]
Read MoreMANILA, Philippines — The Philippines is likely to recover from the pandemic-induced recession with a seven percent gross domestic product (GDP) growth this year, according to Moody’s Investors Service. Christian de Guzman, senior vice president of the sovereign risk group at Moody’s, said the rebound is expected to happen this year after a deeper GDP […]
Read MoreKUALA LUMPUR: The ringgit rebounded against US dollar at the opening today on positive sentiment following the government’s move to allow businesses to function during the nationwide state of emergency which is expected to last until Aug 1, 2021. At 9.02 am, the local currency traded 120 basis points (bps) better at 4.0430/0480 against the […]
Read MoreThough domestic headline inflation is expected to return to the target band in mid-2021, upcoming inflation dynamics will be marred by changes in the global economic system from the pandemic and e-commerce business, says the Bank of Thailand. The central bank’s Monetary Policy Committee (MPC) assesses headline inflation will gradually reach the target band of […]
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