MANUFACTURING growth slowed further in April, S&P Global reported on Tuesday, with the latest Philippine purchasing managers’ index (PMI) hitting an eight-month low, and also falling below the average since 2016. At 51.4, the PMI result was still positive and marked a 15th straight month of improved operating conditions. It was lower, however, than March’s […]
Read MoreThe demographic changes taking place in several countries are expected to drive greater adoption of cryptocurrency and blockchain technology, mainly among the millennial and Gen Z populations, according to a new study. Digital asset trading platform Bitget surveyed more than 255,000 people in 26 countries and found that a decline in the Baby Boomer and Gen […]
Read MoreThailand has approved the export of roasted coffee beans and coffee products that combine domestically produced beans with imported ones in order to increase coffee exporting opportunities for the country. Previously, only processed coffee products made from imported raw coffee beans could be exported. According to deputy government spokeswoman Rachada Dhnadirek, the cabinet on Tuesday approved […]
Read MoreThe Finance Ministry reported to the National Assembly that the state budget expense in 2022 was VND342.6 trillion, making up 3.6 percent of the national GDP. This is a drop of VND61.7 trillion compared to estimation of 4.3 percent of GDP. Accordingly, the central state budget spending decreased by VND45.9 trillion (US$1.96 billion) while the […]
Read MoreAbout 809,000 people migrated to other provinces, mainly for work, between October and December of last year, according to the National Statistical Office of Thailand. The Central Plains saw the most migration with about 345,000 people, or 42.6% of all people who migrated during the period, said Piyanuch Wuttison, director of the office. The country’s population […]
Read MoreIncreased hotel room prices and living expenses in Japan will not significantly affect tourists with high purchasing power as they usually demand premium services, but the outbound market could slow based on seasonality. A survey by hotel research firm STR found Tokyo’s room rates already exceeded the level recorded before the pandemic. A domestic travel subsidy scheme […]
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Thailand
