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Thailand: Value of e-commerce forecast to hit B4tn

The value of Thailand’s e-commerce is expected to grow 6.1% to 4 trillion baht this year, crucially driven by businesses that are sharpening their focus on the business-to-customer (B2C) model in the wake of the pandemic, according to the Electronic Transactions Development Agency (ETDA). The ETDA indicated that the direct-to-customer (DTC) approach is now a […]

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USD/IDR Price News: Rupiah sits at multi-month tops of 14,065 despite mixed Indonesian trade data

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 […]

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Vietnam: Govt projects GDP growth at 6%-6.5% next year

The 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 […]

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