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Outlook brightens for Southeast Asia factories as virus eases

Manufacturing activity kicked into a higher gear in Southeast Asia as nations overcame Omicron-led virus outbreaks while factories in the euro area saw demand increase. Thailand’s manufacturing purchasing managers’ index rose to a record in February, while the Philippines rebounded to its highest in three years, according to IHS Markit. Vietnam and Malaysia also improved. […]

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Thailand: State advised to address the rising cost of living

Retailers are calling on the government to speed up budget disbursement and state spending, cap energy prices for as long as possible as well as continue consumption stimulus measures to boost consumer spending. According to Yol Phokasub, president of the Thai Retailers Association, given the spate of risk factors, the government needs to prioritise measures […]

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Thailand: Labour market recovers in Q4 of 2021

The overall labour situation began to recover from the impact of Covid-19 in the final quarter of 2021, with the unemployment rate dropping to the lowest since the second quarter of 2020, while household debt still increased but at a slower pace. The government’s planning unit, the National Economic and Social Development Council (NESDC), reported […]

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