KUALA LUMPUR: The Building Materials Cost Index (BCI), without steel bars and with steel bars, for all building categories in Malaysia, increased between 0.3 and 24.4 per cent in July 2022 compared to a year ago, said the Department of Statistics Malaysia (DOSM). The department said that for the same period, the increase in BCI […]
Read MoreCovid-19 and the ban on online gambling have left several businesses in Cambodia’s coastal city Sihanoukville sulking with over 1,500 multi-million building projects reportedly abandoned midway by investors. The city had a thriving gambling business from 2015 to 2019, but the government suddenly clamped a ban on it in August 2019, forcing many of the […]
Read MoreSpending on Mother’s Day is expected to increase by 9% this year to 10.8 billion baht, the highest level since 2012, as consumers feel less concerned about the Omicron variant of Covid-19, reflecting the start of the country’s tepid economic recovery, according to the University of the Thai Chamber of Commerce (UTCC). Thanavath Phonvichai, president of […]
Read MoreTHE number of condominium resale transactions continued to fall for the third straight month in July 2022, although prices maintained their upward trend for the 24th month in a row. Around 1,248 resale units changed hands in July, according to flash estimates from SRX and 99.co published on Wednesday (Aug 10). This was 6.7 per […]
Read MoreLey Sopheap, the President of E-Commerce Federation Association of Cambodia, announced his backing for the digital and e-commerce policy launched by the Royal Government. Sopheap’s declaration of support was made in front of more than 600 participants who participated in the e-commerce promotion and consulting, consumer protection and competition forum, held on August 9. According […]
Read MoreCitibank has downgraded its 2022 forecast for Thai economic growth to 3.5%, from 3.6%, with next year’s GDP predicted to expand by 4.5%, a fall from 4.8%. Nalin Chutchotitham, investment adviser at Citi Thailand, said the downbeat estimates were due to an expected slowdown in government spending and global growth. The bank also expects the […]
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Thailand
