Thailand’s economy is expected to expand by 2.9% in 2022, unchanged from a forecast in April, supported by private consumption and a tourism recovery, according to the World Bank. However, negative spillovers from the war in Ukraine and the lockdown in China highlight Thailand’s oil dependence and vulnerability to global supply chain disruptions, the World […]
Read MoreThe drop must motivate (us) that Indonesia’s foods and beverages can be accepted and have the potential to increase their market share in China. Beijing (ANTARA) – Indonesia recorded a surplus of US$1.12 billion in its trade with China during the January–April period this year. During the period, Indonesia’s exports to China reached US$22.74 billion, while […]
Read MoreBANGKOK: Thailand’s weak baht is good for exports while its fiscal and financial position remains strong, the prime minister said. Baht weakness, however, has a negative impact for some and the finance ministry and central bank are monitoring, Prayuth Chan-ocha told a business seminar on Wednesday Foreign visitors should hit 10 million this year following a […]
Read MoreSince the RCEP came into effect, it has brought great benefits to enterprises, founded on the reduction of import costs and the increase of export opportunities after tariff reductions. Over 90% of goods traded will eventually become tariff-free Xinhua – On May 27, a cargo ship loaded with Malaysian manganese ore arrived at Beibu Gulf Port […]
Read MoreMANILA, Philippines — S&P Global Ratings kept its gross domestic product (GDP) growth forecast for the Philippines at 6.5 percent for this year, but said scarring is largest in the country, as output would remain below pre-COVID trend in several Asia-Pacific economies. In a report, the debt watcher said the projected GDP growth for the […]
Read MoreVietnam’s consumer price index (CPI) in the January – June period rose by 2.44% year-on-year while its core inflation edged up 1.25%, the General Statistics Office (GSO) reported at a press conference on June 29. The CPI was up 2.96% in the second quarter, and 3.37% in June alone, compared to the same periods last […]
Read More
Thailand
