JAKARTA: Indonesia’s April trade surplus was seen increasing from the previous month, with imports softening due to less production activities during the holiday of Ramadan, a Reuters poll showed. The median analysis of 14 economists in the survey showed the trade surplus in April likely increased to $3.38 billion from $2.91 billion in March. Southeast […]
Read MoreThai Airways International (THAI) Public Company Limited and Bangkok Airways Public Company Limited reported a surge in first-quarter earnings as tourists flocked back to Thailand. Thai Air posted net income of 12.51 billion baht (US$370 million) in the three months through March, rebounding from a net loss of 3.25 billion baht a year earlier. Bangkok Airways’ […]
Read MoreThe increase may not have an immediate impact on prices of electric vehicles at the moment but will create an impetus for manufacturers to use energy more economically. HÀ NỘI — The recent 3 per cent increase in electricity prices would not have significant impacts on the decision to buy and use electric vehicles in the short […]
Read MoreMANILA, Philippines — The government slashed its borrowings by nearly 10 percent to P980 billion in the first quarter, particularly on its obligations to the domestic market, and a further reduction is likely as the country’s budget deficit eases, the Bureau of the Treasury said. BTr data showed total borrowings in March dropped by almost […]
Read MoreCambodia’s apparel exports fell by 25.17 per cent to $2.149 billion in the first four months of 2023, making up 29.7 per cent of the country’s total foreign income. This reflects a significant decrease from the previous year when apparel exports grew by 12.69 per cent. The exports of both knitted and non-knitted clothing accessories […]
Read MoreIndustrial sentiment in February reached a 47-month high, bolstered by a rebound in domestic demand and tourism, but weak exports were a concern, the Federation of Thai Industries (FTI) said on Wednesday. The industries sentiment index rose to 96.2 in February from 93.9 in January, marking a return to pre-pandemic levels. The tourism sector, is expected […]
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