Digital advertising spending is expected to continue to grow in 2022, though by a smaller margin than the 18% surge recorded last year amid concerns about the weak economy, according to the Thailand Digital Advertising Spend Report. The report was jointly commissioned by the Digital Advertising Association of Thailand (DAAT) and market research and consulting […]
Read MoreSeveral airlines have appealed to the Ministry of Finance (MoF) and the Ministry of Transport (MoT), calling for favourable policies amid mounting fuel prices. Vietnam Airlines revealed that Jet-A1 fuels hitting over US$130 per barrel in early March were pushing up fuel costs. Its costs will increase by around VND5.7 trillion ($249 million) in 2022 […]
Read MoreMANILA, Philippines — The next Philippine president could become unpopular to taxpayers, both rich and poor, as the new government would have to resort to tax reforms and spending cuts to avert a potentially disastrous debt crisis. The Duterte administration will pass on the largest outstanding debt, as measured against gross domestic product (GDP), in […]
Read MoreThe Lao kip has continued to depreciate over the past week against the US dollar and the Thai baht, propelled by a supply-demand mismatch. Meanwhile the deposits in foreign currencies increased from 60.78217 trillion kip ($5.2 billion) in June 2021 to 75.39539 trillion kip in December 2021, according to the Bank of Lao PDR’s (BoL) […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has urged Malacañang to pursue several initiatives, including expanding social interventions and trimming import duties, to tame inflation in the short term. BSP Governor Benjamin Diokno said the central bank finds no reason yet to hike interest rates to hold off inflationary pressures caused by rising […]
Read MoreThe Finance Ministry plans to revise its 2022 forecast for Thai economic growth next month, focusing on the impact of rising inflation and spiking energy prices, says a ministry source who requested anonymity. The ministry is worried the Russia-Ukraine war will affect its target for foreign tourist arrivals this year, the source said. In January […]
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Thailand
