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Thailand: Tourism revival in doubt again

Most of Thailand’s famous holiday destinations were nearly empty last week during the long Songkran holiday. The latest Covid-19 wave — with daily infections climbing all week and hitting a record 1,582 on Friday — scared tourists away from popular beach resorts close to Bangkok such as Pattaya, Cha-am and Hua Hin, which has also […]

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Singaporeans’ headline inflation expectations continue upwards: poll

HEADLINE inflation expectations have been recovering since September 2020, rising to 2.7 per cent in March’s poll. This is according to the latest quarterly survey results of the Singapore Index of Inflation Expectations (SInDEx) released by DBS and the Singapore Management University (SMU), which polled 500 individuals that represent a cross-section of Singaporean households. March’s […]

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Thailand: Bright future for digital loans

Economic doldrums related to the pandemic have prompted a surge in demand for digital loans in several forms, including nano-finance products offered both by banks and non-bank companies. Line BK, a social banking collaboration in Thailand between Kasikornbank (KBank) and Line Corporation, reported that personal digital loans increased to 6 billion baht in the first […]

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