TEMPO.CO, Jakarta – The central statistics agency, Statistics Indonesia or BPS, recorded a 12.15% monthly decline in foreign visits throughout the month of January. During the first month of 2022, only 143,800 people visited Indonesia from abroad. “But if we look at the year-on-year figures, there was a 13.62 percent increase from January 2021,” BPS deputy for distribution and statistical […]
Read MoreRussia’s invasion of Ukraine on Feb 24 marks a major conflict that sent shockwaves through global stock and commodities markets. The action could affect tourism around the world, including in Thailand, which is still struggling to recover economically from the pandemic stress. Will travel be considered a luxury during unsettling times? Thailand’s Department of Disease […]
Read MoreKUALA LUMPUR (CNA) – Malaysian state energy firm Petroliam Nasional Berhad, or Petronas, said yesterday geopolitical risks were set to result in another volatile year for the industry, after reporting a swing to profit in the fourth quarter. The ongoing conflict between Russia and Ukraine had already caused commodity prices to fluctuate wildly, Petronas Chief […]
Read MoreThe Bank of Thailand (BoT) is concerned about inflation because of the Russia-Ukraine conflict, but believes the Thai economy will continue to recover this year. The Russian attack on Ukraine will push up global energy prices as the countries are major producers of commodities and fossil fuels, playing crucial roles in the global supply chains […]
Read MoreMANILA, Philippines — The Duterte administration continued to underspend in 2021 as it tried to temper the growth of its debts, resulting in the government preventing a breach of its budget deficit cap. Data from the Bureau of Treasury released on Tuesday showed the government disbursed a total of P4.68 trillion in 2021, up 10.6% […]
Read MoreVIETNAM has been a bit of a darling of Asean in recent years. Between favourable fundamentals such as a young and large population and competitive labour costs, the country has been one of the main benefactors from tensions between US and China, with many manufacturers turning to Vietnam as an alternative to China or as […]
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Thailand
