A global spell of high inflation, aggressive monetary tightening and the risk of a recession are prompting economists to revise Indonesia’s economic forecasts for the remainder of the year. Analysts raised inflation projections for the third- and fourth quarters by almost a full percentage point to 5 per cent and 5.15 per cent, respectively, […]
Read MoreConsumer 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 […]
Read MoreA program supported by the Walt Disney Company to improve global working conditions was the center of discussions held Monday between representatives from the United States and Laos. The meeting was attended by Ms. Vilayphone Xingdavong, Deputy Director General of the Department of Foreign Trade and Policy, Ministry of Industry and Commerce, and Ms. Wallis […]
Read MoreKUALA 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 […]
Read MoreThe 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 […]
Read MoreThe 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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Thailand
