Thai consumer confidence dropped for a fifth straight month in May, hitting a ninth-month low, due to worries over higher living costs and the impacts of Russia’s invasion of Ukraine, a survey showed on Thursday. The consumer index of the University of the Thai Chamber of Commerce fell to 40.2 in May from 40.7 the […]
Read MoreJAKARTA : Indonesia has launched an export acceleration scheme aimed at shipping at least 1 million tonnes of crude palm oil and derivatives following a recent export ban, according to a trade ministry regulation made public on Thursday. The regulation is effective immediately and the acceleration scheme applies until July 31. If a larger shipment […]
Read MoreBilateral trade between Cambodia and Thailand increased as both sides eased Covid-19 restrictions leading to the opening of the borders for goods and people. The two-way trade between the two Kingdoms reached $2,913 million in the January-April period, a year-on-year increase of 8.04 percent, according to data from Thailand’s Ministry of Commerce. From January to […]
Read MoreThe life insurance market remains attractive despite slowing down of late, according to the Insurance Association of Vietnam. Ngo Trung Dung, its general secretary, said the market grew at 25-30 percent a year in 2011-19 before falling to 17-18 percent in the last two years, and is expected to fall further this year. He blamed […]
Read MoreThe inflation rate in Laos climbed to its highest level in 18 years last month, with prices rising by 12.8 percent from a year ago, according to the latest report from the Lao Statistics Bureau. The fuel crisis, with petrol stations across the country running dry, and the continuing depreciation of the kip are among […]
Read MoreMANILA, Philippines — The country’s debt level remains manageable, but the government must pursue a fiscal consolidation plan to avoid a further dent on economic growth, the World Bank said. In a briefing yesterday, World Bank Philippines senior economist Kevin Chua said a fiscal consolidation program would promote macroeconomic stability and support long-term economic growth. […]
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Thailand
