The number of consumer credit applications for loans in the form of personal finance, credit card, or mortgages decreased by 4 percent in the fourth quarter of 2022 compared with the last quarter, according to the Consumer Credit Index of the Credit Bureau Cambodia (CBC). While applications for personal finance declined 6 percent, credit card […]
Read MoreVietnamese commodities exported to Laos rose 10.4% last year to hit US$656.4 million, of which petroleum exports brought in US$125.4 million, up 439%, according to the Vietnamese Trade Office in Laos. December 2022 alone saw Vietnamese petroleum export to Laos skyrocket 721% to generate US$60.1 million in value. The sharp increase was attributed to Laos’ […]
Read MoreStreaming, smart connected devices, authentic content, influencers and “shoppertainment” are among the key trends for Thai consumers to monitor this year, says data analytics firm Nielsen Thailand. “Thais will continue to watch streaming content in 2023, with 57% using video-on-demand in 2022, an increase of 97% from 2019,” said Aaron Rigby, managing director of Nielsen Thailand. Ad-based […]
Read More(Bloomberg) — Malaysia should explore new sources of revenue to improve its fiscal position, the World Bank said, adding that its strategy of achieving fiscal consolidation by reducing spending is challenging. Malaysia’s revenue level remains low and trails comparative peers, the World Bank said in its latest Malaysia Economic Monitor on Friday. Government revenue is […]
Read MoreMANILA, Philippines — Moody’s Analytics sees inflation in Asia Pacific gradually slowing down this year on the back of elevated borrowing costs and weakening global demand. In its latest Asia Pacific Chartbook titled “What Goes Up, Must Come Down,” the research arm of the Moody’s Group said that global inflation has likely peaked at the […]
Read MoreVegetable and fruit export turnover is expected to set a new record in 2023. On the days just before 2023 Tet, Ngo Tuong Vy, general director of Chanh Thu Fruit Export, was still very busy implementing orders for pomelo and durian exports. Vy said following the first durian shipment to China under the full-tax exporting […]
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Thailand
