According to the latest trade data published by the Indonesian Statistics Bureau, the country recorded a bigger-than-expected trade surplus in September, although both imports and exports disappointed. Indonesia reported a trade surplus of $4.37 billion vs. $3.84 billion expected and $4.74 billion previous. The imports and exports came in at 40.31% and 47.64% respectively vs. 50% and […]
Read MoreThe Government has targeted the country’s gross domestic product (GDP) growth at 6%-6.5% in 2022 despite the lingering challenges caused by the Covid-19 pandemic. The target was included in a socioeconomic development plan for next year, delivered by Minister of Planning and Investment Nguyen Chi Dung at a meeting of the National Assembly (NA) Standing […]
Read MoreA Center for Covid-19 Situation Administration (CCSA) meeting on Thursday agreed to reopen 15 more provinces to foreign tourists between November 1 and 30, spokesman Dr Taweesilp Visanuyothin announced. However, certain measures for entering the kingdom may still strictly be in effect, such as requiring every tourist to be fully vaccinated and taking a RT-PCR […]
Read MoreECONOMIC growth will still hit the government’s downwardly adjusted 2021 target despite an expected third quarter slowdown, a Cabinet official said on Thursday. “Yes, we’re sticking to that growth target and we think we’ll hit it,” Finance Secretary Carlos Dominguez 3rd said in a television interview when asked about the possibility of meeting this year’s 4-5 percent […]
Read MoreThe baht opened at 33.18 to the US dollar on Friday, unchanged from Thursday’s closing rate. The Thai currency is likely to move between 33.10 and 33.30 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht is strengthening because foreign investors are investing in Thai stocks especially stocks relating […]
Read MoreAirAsia Group has formed a new holding company for its four airline units, in a group-wide business reorganisation to better distinguish its airline and digital ventures. The group says its four airlines — in Malaysia, Philippines, Thailand and Indonesia — will now come under the AirAsia Aviation Limited holding company. Current group president for airlines […]
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