Before Covid-19, Russian tourists were among the top source markets for the local tourism industry. Although the Russian market has spiked since October, Pattaya operators are worried about the slow resumption of chartered flights to U-tapao airport, which is struggling to meet demand as capacity is currently half the pre-Covid level. At present, there are chartered […]
Read MoreTEMPO.CO, Jakarta – Indonesia’s exports of steel products have increased rapidly in the last five years. Last year, steel goods exports increased to 5.2 million tons from 1.3 million tons in 2017, with production volume increasing from 7.9 to 14 million tons in the same period, said I Gusti Putu Suryawirawan, special staff to the Coordinating Minister for […]
Read MoreIndonesia’s central bank governor Perry Warjiyo said on Friday (Dec 2) inflation expectations were coming down rapidly after Bank Indonesia (BI) started hiking interest rates aggressively four months ago. He told a central banking forum in Bangkok that the consensus forecast for Indonesia’s inflation was at 6.9 per cent four months ago, but now is […]
Read MoreForeign capital keeps flowing into Vietnam through many different channels, helping investors regain their confidence in the stock market and the economy. The stock market on November 29 saw strong selling pressure with the VN Index at times falling after climbing to the 1,000-point threshold in the previous trading session. However, cash flow into the […]
Read MoreThe Eastern Economic Corridor (EEC) Office is speeding up efforts to encourage companies to join the government in transforming the economic zone into Thailand’s high-tech industrial hub. Co-investment between businesses and the government is key to the goal, said Kanit Sangsubhan, special advisor for the EEC’s strategic planning. Authorities will allocate 5% of the state budget […]
Read MoreMANILA, Philippines — The country’s manufacturing activity picked up slightly in November from the previous month on improved demand conditions, but elevated prices continue to pose challenges for the sector. According to the report released by S&P Global Market Intelligence yesterday, the Philippines’ manufacturing purchasing managers’ index (PMI) was at 52.7 in November, up from […]
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Thailand
