Vietnam has been listed among the world’s top 10 countries having the largest number of smartphone users this year. BankMyCell, a leading trade and comparison website in the United States, recently reported that Vietnam has a total of approximately 61.37 million smartphone users out of nearly 100 million people, ranking 10th in the top ten. China […]
Read MoreINDONESIA’S central bank cut its 2022 economic growth outlook on Tuesday (Apr 19) amid risks from inflation and geopolitical tensions while it left interest rates at a record low to bolster the recovery. Bank Indonesia (BI) kept the benchmark 7-day reverse repurchase rate at 3.50 per cent, as expected by all economists in a Reuters […]
Read MoreThe General Department of Taxation at the Ministry of Economy and Finance collected $1,263 million as tax income from the first three months of this year, a 22 percent increase compared to the same period last year. The figures for the first quarter were unveiled in a monthly meeting chaired by Director General Kong Vibol. […]
Read MoreThe cost of imported household goods surged by 15-50 percent in April compared to the figure recorded in January, according to a recent study. Conducted by the Ministry of Industry and Commerce, the research paper attributed the price rise to the continuing depreciation of the kip and higher transport costs, triggered by skyrocketing fuel prices. […]
Read MoreMANILA, Philippines — The International Monetary Fund (IMF) expects the Philippine economy returning to its pre-pandemic growth level in 2024 after closing the output gap arising from the impact of the pandemic by next year. IMF resident representative Ragnar Gudmundsson said in an email that the Philippines has shown signs of economic recovery from the […]
Read MoreAcademics warn that metaverse land prices could face a bubble after surging by 300 times in two years. The Bank of Thailand’s Puey Ungphakorn Institution for Economic Research collaborated with Chulalongkorn University on a paper titled “Is Metaverse Land a Good Investment? It Depends on Your Unit of Account”. The two institutes held a discussion […]
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Thailand
