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Thai consumer mood at 5-month high in July

Consumer confidence rose for a second straight month in July, reaching a five-month high, boosted by improved economic activity following an easing of Covid-19 curbs, but high cost of living remained a concern, a survey showed on Thursday. The consumer index of the University of the Thai Chamber of Commerce (UTCC) increased to 42.4 in July […]

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Thailand: Upside seen in 2Q growth

KUALA LUMPUR: Economists are expecting second-quarter (2Q) growth to be much stronger than previously forecast. Bank Negara is due to release the 2Q gross domestic product (GDP) data tomorrow. In a report, CGS-CIMB Research said recent data on the economy, which covered close to 60% of GDP, suggested an expansion of 8.5% in 2Q from […]

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Thailand: Ministry rolls out ‘Smart Grocery Plus’ programme

The Commerce Ministry in partnership with 28 partners from both from the public and private sectors on Wednesday embarked on a “Smart Grocery Plus” programme to raise the competitiveness of local grocery shop operators amid stiffer competition in the domestic retail market. According to Deputy Commerce Minister Sinit Lertkrai, the Smart Grocery Plus programme aims to […]

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Vietnam to release strict regulation on cashless payment

The Standing Economic Committee of the National Assembly yesterday held a meeting to review the draft amended Law on Anti-Money Laundering (AML). Former Standing member of the National Assembly’s Economic Committee Do Van Sinh commented that the regulation on collecting and processing data is the key; yet the law does not mention which data types […]

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