PETALING JAYA: Bank Negara’s move to adjust downward the lower end of its growth projection for 2021 indicates that risks remain tilted towards the downside for the Malaysian economy, said economists. Despite signs of gradual recovery, the national economy continues to see risks from a resurgence in Covid-19 cases and the relevant containment measures, delays […]
Read MoreHopes that these trends will continue and that the Covid-19 pandemic will come to an end supported the greatest business confidence since mid-2019. The Vietnam Manufacturing Purchasing Managers’ Index (PMI) rose to 53.6 in March, up from 51.6 in February, signaling a solid improvement in the health of the manufacturing sector. In fact, business conditions […]
Read MoreDr In Channy, chairman of the Association of Banks in Cambodia and also the chief executive officer of ACLEDA Bank, in an exclusive with Khmer Times’ Sok Chan marking the 41st anniversary of the reintroduction of the riel, spoke about the banking industry. He discussed the challenges it faces plus the cohesive and coherent efforts […]
Read MoreConsumer spending could jump 64% to 113 billion baht during the upcoming Songkran holiday after last year’s slump when tighter coronavirus curbs were in place, the commerce university said on Thursday. But excluding 2020, when the country imposed full outbreak restrictions, spending would be the lowest in nine years, Thanavath Phonvichai, president of the University […]
Read MoreThe economy gradually recovered in February, mainly supported by higher private consumption and a slower spread of Covid-19. The Bank of Thailand on Wednesday revealed private consumption shrank by 2.1% year-on-year in February, easing from a 4.5% contraction in the previous month. On a monthly basis, domestic consumption grew by 3.4% from January, improving from […]
Read MoreTechnical professionals in engineering, product management and data science roles can command some of Southeast Asia’s top start-up salaries, according to a new report exploring pay packets inside the region’s rising businesses. Workers in such roles can expect to earn up to 54% more than their counterparts in non-technical roles, as both local start-ups and incoming U.S. […]
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Thailand
