The Federation of Thai Industries (FTI) says global disruption caused by the Russia-Ukraine conflict offers major opportunities for the Thai economy. The Ukraine-Russia war is hitting trade across the world including Thailand, driving up the price of fuel and other commodities. Thailand’s economic recovery is now slowing under pressure from inflation, as sanctions imposed on […]
Read MoreJAKARTA: Malaysia is on the right track to achieve its gross domestic product (GDP) growth projection of 5.5% to 6.5% for this year with the reopening of its international borders from April 1. The move will have a positive impact on the economy, especially the services sector, said Minister in the Prime Minister’s Department (Economy) […]
Read MoreAt the end of 2021, outstanding Government bonds and corporate bonds comprised 71.3% and 28.7% of the local bond market, respectively. Vietnam’s local currency (LCY) bond market grew 9.8% quarter-on-quarter to reach VND2,089.1 trillion (US$91.5 billion) at the end of 2021, and annual growth expanded by 25.5%, according to the latest report of the Asian Development […]
Read MoreIn a bid to help stimulate the tourism industry, Prime Minister Prayut Chan-o-cha is urging people to go on working holidays as part of the “Workation Paradise Throughout Thailand” campaign. Government spokesman Thanakorn Wangboonkongchana said on Sunday that the campaign is being launched with the economy and public health in mind. He said the Tourism […]
Read MoreMANILA, Philippines — Meat importers are reiterating their support for a proposal to lower tariff rates on pork imports, stressing that the Ukraine-Russia conflict has already caused increases in the cost of production and transport of meat globally. In a letter to Tariff Commission chairperson Marilou Mendoza, the Meat Importers and Traders Association (MITA) said […]
Read MoreThe Rubber Authority of Thailand (RAOT) expects the rubber price in the second quarter to remain stable at Bt63 to Bt65 per kilo. However, the price would also depend on developments in the Ukraine-Russia conflict, RAOT governor Nakorn Tangavirapat told the Thansettakij news outlet. Athiwee Daengkanit, RAOT’s research and development director, said the price was […]
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