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Thailand: Uneven recovery hinders sector’s growth

Thailand’s e-commerce is expected to post US$23 billion in gross merchandise value (GMV) this year, up 18% year-on-year, but the growth is much smaller than the previous year, weighed down by economic headwinds, according to a new survey by Facebook parent firm Meta and consultancy Bain & Company. The country’s e-commerce is predicted to grow to […]

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Malaysia: Study to review items in CPI basket of goods

KUALA LUMPUR: The Statistics Department is carrying out a study on income patterns and basic facilities, which are important elements in the review of the Consumer Price Index (CPI), which will be held next year on the country’s inflation rate, according to chief statistician Datuk Seri Mohd Uzir Mahidin. Uzir said income pattern would have […]

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Thailand: Ministry eyes steps to spur spending

The Finance Ministry is considering new measures to encourage spending in a bid to maintain the Thai economic recovery, according to Pornchai Thiraveja, director-general of the Fiscal Policy Office (FPO). He said the ministry will consult the FPO on the possible measures soon. Mr Pornchai added that he expects other ministries to unveil their own measures to […]

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