Thailand’s consumer spending during the New Year could reach a three-year high of 103 billion baht (US$2.97 billion) as the economy continues to recover from the impacts of the Covid-19 pandemic, the president of the University of the Thai Chamber of Commerce (UTCC) said on Thursday. That would be a record 20% jump from about 86 […]
Read MoreSINGAPORE: The republic is unlikely to experience a surge in energy prices despite greater demand for heating and electricity amid an unusually cold winter in the Northern Hemisphere, industry analysts say. This comes as a rare triple-dip La Nina is forecast to induce below-freezing temperatures in China, Japan and South Korea over the next few […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is likely to roll back some of this year’s rate increases late next year as the country is expected to post slower economic growth and inflation in 2023, according to United Kingdom-based think tank Pantheon Macroeconomics. In a report yesterday, Pantheon Macroeconomics chief emerging Asia economist […]
Read MoreCambodia and Alibaba have come together to establish the Electronic World Trade Platform (eWTP) partnership, strengthening economic development and digital economy in the Kingdom, as China’s largest e-retailer makes further inroads in Southeast Asia. The announcement of the partnership was virtually made on December 15 by Pan Sorasak, Minister of Commerce and Alibaba Group’s secretary […]
Read MoreMore retail brands have opened in large cities and existing brands have expanded their networks in Vietnam. After opening three shops in Hanoi at the same time, Uniqlo has opened another store in Thu Thiem in HCM City. The company has opened 15 retail stores within three years in Vietnam. The Uniqlo network has been […]
Read MoreMANILA, Philippines — The country’s budget shortfall narrowed in November as the growth in revenues managed to outpace overall state spending during the month, according to the Department of Finance. DOF data showed that the deficit in November shrank by 3.7 percent to P123.9 billion from P128.7 billion in the same period last year. The […]
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Thailand
