Thailand’s industrial sentiment in March reached its highest level in a decade, boosted by a rebound in domestic demand and tourism, but high costs, slowing global growth and baht volatility were a worry, the Federation of Thai Industries (FTI) said on Wednesday. The FTI’s industries sentiment index rose to 97.8 in March from 96.2 in February, […]
Read MoreData from the General Department of Customs and Excise (GDCE) showed that in the first quarter of 2023, textile-linked exports reached $2.449.4 billion, down a total of $705.6 million or 22.4 per cent over the same period last year. Kaing Monika, spokesman for the Textile, Apparel, Footwear and Travel Goods Association in Cambodia (TAFTAC), said […]
Read MoreVecom estimated that last year, the retail e-commerce transaction scale comprised about 8.5 per cent of the total retail sales of consumer goods and services of VNĐ5,680 trillion ($240.5 billion). HÀ NỘI — E-commerce will remain the fastest growing and most stable economic sector this year, according to the Việt Nam Online Business Forum 2023 […]
Read MoreJAKARTA — Indonesia’s central bank on Tuesday left its seven-day reverse repo rate unchanged at 5.75% for a third consecutive meeting. “This decision is consistent with the preemptive and forward-looking stance of monetary policy to ensure the continued decline in inflation,” Bank Indonesia Gov. Perry Warjiyo told reporters at a briefing. All 30 economists in […]
Read MoreAs a popular tourism destination, Thailand expects to welcome at least 25 million foreigners this year, with roughly 5 million from China, representing 50% of the Chinese visitor total in 2019. In the early stages of China’s reopening this year, Beijing listed Thailand as one of the first 20 countries where Chinese tour groups would be […]
Read MoreKUALA LUMPUR: Malaysia’s total trade in March declined 1.6% year-on-year (y-o-y) to RM232.72bil amid a moderation of both exports and imports with major trading partners. The Ministry of Investment, Trade and Industry (Miti) announced today that exports for the month amounted to RM129.71bil, down 1.4% from the same month in 2022, while imports declined 1.8% […]
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