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Thailand: Exports seen up 5% next year – shippers

Thailand’s exports are expected to rise at a slower pace of 5% next year as global demand and inventory will normalise, the national shippers’ council said on Tuesday. This year the group is sticking to its forecast for 12% export growth, it told a briefing.  Source: https://www.bangkokpost.com/business/2208239/exports-seen-up-5-next-year-shippers

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Thailand: Transport woes dim reopening

Insufficient vehicles and more expensive transportation costs at the airport on the first day of reopening prompted tourism operators to urge further relaxation of transport permits. Thanet Supornsahasrungsi, acting president of the Chon Buri Tourism Council, said only vehicles with yellow or green licence plates can pick up tourists at the airport, but the number […]

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Philippines: Deposits up 8.1% in end-August

MANILA, Philippines — More Filipinos are still opting to keep their money in banks as deposits grew by 8.1 percent to P12.1 trillion as of end- August this year, according to the Bangko Sentral ng Pilipinas (BSP). In a report, the BSP said the banking industry’s deposit base consisted of P5.98 trillion in savings deposits, […]

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