We forecast real household spending in Thailand to post growth of 0.2% year-on-year in 2021, following a contraction estimated at 11.8% last year as a result of the Covid-19 pandemic and related lockdown measures. Total household spending (in real terms) will reach 7.6 trillion baht this year — still 11.6% lower than the pre-pandemic figure […]
Read MoreJAKARTA, Sept 17 (Reuters) – Indonesia’s central bank is expected to keep its key interest rate steady next week as the economy gradually reopens after a recent devastating COVID-19 wave, while a record high trade surplus should provide underlying support to the local currency. All 25 analysts surveyed by Reuters expected Bank Indonesia (BI) to […]
Read MoreThe first plane carrying tourists in more than four months touched down on the Malaysian island of Langkawi on Thursday and was greeted by a twin water cannon “salute”, in the launch of a programme to revive a travel sector frozen by the pandemic. The first batch of 159 travellers from the capital, Kuala Lumpur, […]
Read MoreKEY Singapore exports grew for the ninth straight month in August – but came in well under analysts’ forecasts, as non-electronics shipments shrank year on year. Non-oil domestic exports (NODX) increased by 2.7 per cent for the month, in a slowdown from July’s 12.7 per cent gains. The latest showing on Friday also missed private-sector […]
Read MoreThree garment and footwear factories have received final approval from the Council for the Development of Cambodia (CDC). It issued final registration certificates for the investments, worth a total of more than $8 million. New T&K Textile Co Ltd is building a garment factory in Trapeang Krasang Village near Phnom Penh International Airport. It has […]
Read MoreAs curbs, surging virus cases temper GDP growth MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) said more fiscal support and a faster vaccination rollout are crucial as economic recovery remains tentative due to the surging COVID cases. At an economic briefing organized by ANZ Research, BSP Deputy Governor Francisco Dakila Jr. cited the […]
Read More
Thailand
