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Thailand: High oil prices hinder airlines’ recovery

Volatile oil prices continue to cast a shadow over any recovery in the aviation sector, even as tourism shows signs of improvement as a result of border entry relaxations during the first quarter this year. “The airline business has grappled with the pandemic for more than two years. Oil prices account for 30% of operational […]

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Malaysia’s April exports rise 20.7%, above forecast

May 19 : Malaysia’s exports in April rose 20.7 per cent from a year earlier, above forecast,  government data showed on Thursday. April’s exports were expected to rise 19.7 per cent, according to 13 economists surveyed in a Reuters poll. Imports in April  grew 22 per cent from a year earlier, the data showed. Analysts were expecting […]

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Indonesia: Consumer Confidence improves in April – UOB

Economist at UOB Group Enrico Tanuwidjaja reviews the improvement in the consumer sentiment gauge in Indonesia. Key Takeaways “Indonesia’s Consumer Confidence Index increased slightly in Apr to 113.1, up by 2.1pt from March’s 111.0.” “The Current Economic Condition Index increased slightly to 98.9 in Apr from Mar’s 93.9.” “Consumer generally remains upbeat on the economy […]

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