Car exports are expected to increase to 1 million units for the first time in two years as the Federation of Thai Industries (FTI) pins its hopes on the limited impact of Covid-19 and the global semiconductor shortage on the automotive industry. In 2020, when Thailand was first hit by Covid-19, car production for export […]
Read MoreSINGAPORE (CNA) – Singapore’s core inflation in December rose to 2.1 per cent on a year-on-year basis, up from the 1.6 per cent reported in November, official data released yesterday showed. This was driven by an increase in services inflation, mainly due to a steeper increase in airfares which reflected the higher costs of travel […]
Read MoreTHE surprise off-cycle tightening of policy by the Monetary Authority of Singapore (MAS) does not preclude further moves in April, nor does the higher-than-expected inflation mean that the anticipated Goods and Services Tax (GST) hike will have to be delayed, said economists. Ahead of its scheduled April meeting, the MAS on Tuesday (Jan 25) raised the rate […]
Read MoreThe figure places phones and accessories as Vietnam’s export items with the highest earnings in 2021. Vietnam’s exports of phones and accessories in 2021 earned a record high of US$57.54 billion, representing an increase of 12.4% year-on-year, according to the General Department of Vietnam Customs (GDVC). The figure places phones and accessories as Vietnam’s export […]
Read MoreRecovery of the exhibitions industry faces a delay as international Mice (meetings, incentives, conventions and exhibitions) events have been postponed until the second half of this year. Even though the country’s reopening via Test & Go will resume in February, international exhibitions will not see a quick turnaround as organisers need at least six months […]
Read MoreELECTRONIC payment transactions coursed through the Bangko Sentral ng Pilipinas’ clearing house recorded a double-digit growth in December last year. Data provided by BSP Deputy Governor Mamerto Tangonan on Monday showed that transactions made through InstaPay went up to P289 billion from P176.5 billion in 2020. From 30.6 million transactions last December 2020, InstaPay volume grew by […]
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Thailand
