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Thailand: Economic outlooks diverging in second quarter

It is becoming obvious that the global economy, especially in some of the richer nations, is recovering. Recent indicators such as retail sales, industrial production, purchasing managers’ indices and labour market indicators, show good signs of revival. Indeed, the International Monetary Fund this month revised upward its forecast for world economic expansion to 6.0% — […]

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Vietnam: PCI 2020 pinpoints areas to improve on

While advancements in 2020 Provincial Competitiveness Index strengthen local business climate, breakthrough approaches are urged to create new room for future improvements to increase investment attraction amid tougher regional competition. Just a few days ago, the northeastern province of Quang Ninh licensed a $500 million photovoltaic cell technology project funded by Jinko Solar Hong Kong. […]

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Thailand: Export target likely to exceed 4% after Q1 bump

The Commerce Ministry plans to upgrade its export growth forecast to more than 4% after Thai export value in March recorded 8.47% growth, driven by intensive economic stimulus policies in trading countries, worldwide vaccinations and higher crude oil prices. Thai exports were above US$20 billion for two consecutive months, with value in March rising to […]

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