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Thailand: TAT stumped on budget

The Tourism Authority of Thailand (TAT) is expected to look elsewhere for stimulus after the prime minister asked the cabinet last week to prepare new mechanisms to accelerate year-end spending. The agency had been pushing for a tourism stimulus plan totalling 1 billion baht, proposed in June, financed by a budget from the 500-billion-baht loan decree. […]

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Indonesian rupiahs, coins and banknotes
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Indonesia’s FDI valued nearly USD11B in Q3

JAKARTA (XINHUA) – Indonesia has recorded a total of IDR169 trillion (about USD10.85 billion) of foreign direct investment (FDI) in the third quarter (Q3) of 2022. The FDI realisation growth in the third quarter reached 63.6 per cent on a yearly basis, Investment Minister Bahlil Lahadalia said at a press conference. China, Singapore, Japan, and […]

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Businessman analyzing chart and graph showing changes on the market
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Brunei: Merchandise trade sees 36.6pc increase y-o-y

There was a 36.6-per-cent increase in total merchandise trade from BND2,200.2 million in July 2021 to BND3,0004.7 million in July 2022.However, a decrease of 7.4 per cent was recorded compared to June 2022, said the Department of Economic Planning and Statistics, Ministry of Finance and Economy (MoFE) yesterday. It continued that total exports increased by […]

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