NON-OIL domestic exports (NODX) expanded for the 19th straight month of growth in June, mainly on the back of non-electronics shipments such as petrochemical products. Singapore’s NODX grew by 9 per cent year on year, extending the previous month’s 12 per cent gain, trade agency Enterprise Singapore (ESG) reported on Monday (Jul 18). The trade […]
Read MoreIt was recorded that, on the last two days of the week in Ho Chi Minh City, the number of people flocking to traditional markets, supermarkets, and trade centers increased sharply. Markets, supermarkets launch tricks to attract customers “Twenty duck eggs and a bottle of soft drink total VND100,000. This pack of milk candy is […]
Read MoreThe average monthly household income of Cambodian customers dropped in the second quarter of this year as compared to the same quarter last year, according to a report by Indochina Research. Kim Chenda, associate research director at Indochina Research, told Khmer Times yesterday that consumers in all the surveyed provinces generated an average household income of $376.12 […]
Read MoreMANILA, Philippines — Foreign borrowings approved by the Bangko Sentral ng Pilipinas (BSP) surged by 48 percent to $8.34 billion in the first half from $5.64 billion in the same period last year as the government tapped the offshore debt market to raise funds for its financing requirements and its pandemic response measures. BSP-approved foreign […]
Read MoreThe Tourism Authority of Thailand (TAT) forecasts revenue of 1.2-2.38 trillion baht next year, according to its new 2023 strategy, but this is likely to be challenged by global inflation and rising interest rates, with spending already taking a hit. TAT governor Yuthasak Supasorn said the recovery in Thai tourism would accelerate in 2023, with […]
Read MoreThe inflation genie is out of the bottle and is a multi-layered challenge for policymakers. Rising energy, food and wage costs are combining to raise inflation expectations, which if left unchecked could destabilise the global economy. Our base case for emerging markets (EM) is built on the reality they entered this current downturn in better […]
Read More
Thailand
