Fuel consumption in the first quarter increased to a level greater than usage in 2019, following a drop for two consecutive years when Thailand endured the impact of the pandemic, according to the Department of Energy Business (DOEB). From January to March, fuel demand rose by 5.65% to 161 million litres per day (MLD) on average, […]
Read MoreCambodia called for stronger regional cooperation and the revival of tourism in the Greater Mekong Subregion (GMS). The GMS includes Cambodia, the People’s Republic of China, the Lao People’s Democratic Republic, Myanmar, Thailand, and Vietnam. Talking at the Mekong Tourism Forum 2023, which concluded yesterday at the Independence Hotel in Sihanoukville, Tith Chantha, Permanent Secretary […]
Read MoreDriven by economic growth and a rebound in tourism, the retail property market has been steadily improving since the fourth quarter of last year, with a prediction that it will return to normal by 2024, according to consultants. Carlos Martinez, director of research and consultancy at Knight Frank Thailand, said the retail market shows signs of […]
Read MoreSINGAPORE manufacturers and services firms appear slightly more upbeat about business conditions in the next six months compared to the previous quarter, separate quarterly surveys showed on Friday (Apr 28). A net weighted balance of 2 per cent of manufacturing firms anticipate a favourable business situation from April to September, according to the latest release […]
Read MoreMANILA, Philippines — The value of the country’s digital economy went up by 11 percent in 2022, but its contribution to the gross domestic product (GDP) declined, according to the Philippine Statistics Authority (PSA). Data from the PSA showed the digital economy hit P2.08 trillion last year, higher than the P1.87 trillion in 2021. While […]
Read MoreAverage household debt for workers has hit the highest level in 14 years, attributed to durable goods purchases, investment to create income and daily expenses. However, there are signs the proportion of consumers’ unorganised loans, or borrowing from loan sharks, is beginning to decrease, according to the latest survey by the University of the Thai Chamber […]
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