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Thailand: Foreign business confidence runs low in UTCC survey

The overall sentiment of foreign businesses operating in Thailand remains relatively low, with rising unemployment, tight liquidity, the country’s political stability and economic prospects topping their concerns. According to the new foreign business confidence index (FBCI) that gauges foreign business sentiment in Thailand conducted by the University of the Thai Chamber of Commerce (UTCC), foreign […]

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Indonesia’s foreign visitor arrivals down 89%

JAKARTA: The number of foreign visitors arriving in Indonesia fell 89.05% in January from a year earlier to around 141,300 amid global coronavirus-linked restrictions on travel, data released by the statistics bureau showed. Indonesia’s annual inflation rate cooled for a second straight month in February to 1.38%, the slowest since August 2020, data from the […]

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Malaysia: Indicators point to a rebound

KUALA LUMPUR: Economists remain positive on Malaysia’s growth this year on the back of vaccine rollouts and gradual economic reopening globally despite concerns that the early part of the year may be impacted by the current movement control order (MCO). MIDF Research said that Malaysia’s leading index (LI) rose 7.1% year-on-year (y-o-y) last December, increasing […]

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