Despite a downward trend in fuel prices, airlines remain cautious about energy costs and still have to maintain low fare promotions to sustain travel demand. Tassapon Bijleveld, acting chief executive of Thai AirAsia X, said the situation regarding fuel prices has seen a gradual improvement which benefitted operational costs. However, the current price is still […]
Read MoreCambodia’s garment, footwear and travel goods industry has seen a 40-percent rise in exports in the first half of this year, according to a report from the General Department of Customs and Excise. The Southeast Asian nation exported the products totally worth $6.6 billion during the January-June period this year, up 40 percent from $4.72 […]
Read MoreGovernor of the State Bank of Vietnam Nguyen Thi Hong said it is reasonable due to restricted supply according to the country’s policy to restrict gold supply sources with an aim to fight dollarisation and goldisation in the domestic economy At a recent meeting, Hong said according to the country’s policy to restrict gold supply sources […]
Read MorePETALING JAYA: Higher inflationary pressures and geopolitical risks are expected to warrant at least another 25 basis points (bps) hike in Malaysia’s key benchmark interest rate for this year. The overnight policy rate (OPR), which determines the cost of borrowings, has been raised twice this year by 25 bps to 2.25% currently. The move to […]
Read MoreThailand’s last-mile delivery business is expected to grow 10-15% to 98 billion baht in 2022 despite intense competition and rising fuel costs, says Kasikorn Research Center (K-Research). But the growth will be slower than in 2021, which saw a surge of 41%, whipped up by the pandemic-induced lockdowns and a shift in people’s shopping behaviour […]
Read MoreCambodia saw its oil import increase in value in the first half of this year, amid the global increase in crude oil prices following the Russia-Ukraine war. The Kingdom imported $1,910 million worth of oil products in the January-June period of this year, a 25.8 percent increase compared to the same period last year, according […]
Read More
Thailand
