The Thai government’s finances are under strain after subsidising energy bills for years during the pandemic, but a reduction in support could have deleterious consequences State energy subsidies have assumed a prominent role in the Thai economy since the start of the Russia-Ukraine war in February. While global oil prices remain high, the government’s efforts […]
Read MoreIn Q1 2022, the performance of the retail sales showed a year-on-year (y-o-y) decrease of 3.9 per cent with an estimated value decreased from BND468.5 million to BND450.1 million. In terms of volume, the retail sales also recorded a negative growth of 8.4 per cent y-o-y, said the Department of Economic Planning and Statistics (DEPS) […]
Read MoreTHE incomes of 40 per cent of DBS customers are not keeping up with inflation, the bank’s research unit said in a report on Monday (Aug 1), flagging that low-income individuals and baby boomers are particularly vulnerable. Among customers sampled by DBS, 21 per cent had their incomes grow less than 5 per cent year […]
Read MoreThe recent fluctuations in the US dollar and Japanese yen have both positive and negative impacts on Vietnamese traders, according to experts of the Ministry of Industry and Trade (MoIT). The recent fluctuations in the US dollar and Japanese yen have both positive and negative impacts on Vietnamese traders, according to experts of the Ministry of Industry […]
Read MoreOf all the drivers behind the dramatic rise in U.S. inflation in the past year, perhaps the most acute is the surge in energy prices. It may also be among the most persistent. High prices for electricity and fuel are likely to put continued pressure on inflation in coming years, forcing central banks to keep […]
Read MorePETALING JAYA: Homebuyers are being bogged down by affordability, the inability to secure loans, job security, and overall economic instability when it comes to purchasing a home, The Malaysian Insight reports. The Malaysian Institute of Estate Agents (MIEA) president, Chan Ai Cheng, said these factors are plaguing the market. As for rental prices, they have remained stable […]
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Thailand
