SINGAPORE – Business optimism has receded among firms in the manufacturing and service sectors amid new Covid-19 variants and supply chain pressures. A net weighted balance of 8 per cent of manufacturers expect better business conditions in the first six months of this year than in the fourth quarter of 2021, according to a survey from […]
Read MoreJAKARTA (XINHUA) – Indonesia’s annual inflation rate has risen by 2.18 per cent in January, the highest since May 2020, as household gas prices grew and interbank transfer fees fell, Statistics Indonesia (BPS) said yesterday. The consumer price index (CPI) in the Southeast Asian country rose by 0.56 per cent from December last year, according […]
Read MoreThe pharmaceutical industry is expected to see 3-5 per cent growth in 2022, with 233 billion to 238 billion baht revenue, despite the Covid-19 situation, Kasikorn Research Centre has forecast. The centre also expects an improvement in the Covid situation consequently reducing the need for Covid drugs. Thai patients who need to be treated for […]
Read MoreThe effective implementation of new-generation free trade agreements (FTAs) can considered as the driving force behind fulfilling the export target of over US$356 billion set for this year. Moving forward, import-export activities this year are projected to see robust growth as the demand for goods on the global market increases, according to industry insiders. In […]
Read MoreMost business operators do not plan to increase the prices of goods and services in the next three months despite rising costs, according to a Bank of Thailand survey. The survey included responses from 246 small and medium-sized enterprises and large corporations during the period Jan 1-21. The study found 59% of respondents are not […]
Read MorePrices of private residential properties in Singapore clocked their seventh straight quarterly growth, rising five per cent in the fourth quarter of last year with the economic recovery, a buoyant Housing and Development Board (HDB) resale market and low interest rates. For the whole of 2021, prices shot up 10.6 per cent – the biggest […]
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Thailand
