PETALING JAYA: Consumer spending in Malaysia is set to stay on an upward trajectory this year, underpinned by significantly high vaccination rate, improving labour market, fiscal incentives and stable inflationary pressure. MIDF Research said it expects private consumption and the services sector to contribute positively towards gross domestic product in the fourth quarter (Q4) of […]
Read MoreThe Federation of Thai Industries (FTI) wants the government to put a cap on electricity, water and cooking gas prices to slow down living cost increases as well as push stimulus measures as the Thailand Industry Sentiment Index (TISI) continued to increase to 88 points in January. Authorities should consider adjusting the oil excise tax […]
Read MoreSixteen commercial banks cut over 21.24 trillion VND (936 million USD) of loan interest for COVID-19-hit customers from July 15 to December 31, 2021. Sixteen commercial banks cut over 21.24 trillion VND (936 million USD) of loan interest for COVID-19-hit customers from July 15 to December 31, 2021, surpassing their commitment by 5.13 percent, the […]
Read MoreThe latest 2022 Data Centre Global Market Comparison report of Cushman & Wakefield ranks Asian Pacific cities Singapore, Hong Kong and Sydney among the top 10 data centre markets in the world. Asia Pacific’s data centre market continues to grow at a relentless pace and is set to become the world’s largest data centre region […]
Read MoreThailand is a world leader in terms of the proportion of the country’s internet users who own cryptocurrencies, engage in online purchases and buy groceries online, according to the Digital 2022 Global Overview Report. Published by Datareportal in partnership with social media management platform Hootsuite and global agency WeAreSocial, the report indicated 20.1% of Thailand’s […]
Read MorePETALING JAYA: Malaysia’s eCommerce income crossed the RM1 trillion mark for the first time in 2021, growing by almost 22% from the previous year. Amid the Covid-19-induced weak economic conditions, eCommerce income surged to RM1.09 trillion in 2021 compared with RM896.39bil in 2020, according to the Statistics Department. The growth was driven mainly by the […]
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Thailand
