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Thailand: Consumers upbeat for 13th month

Consumer confidence rose for a 13th straight month in June and posted the highest level in 40 months since March 2020, driven by a resilient tourism sector and increasing agricultural product prices. However, there is still concern about uncertainty in the political arena, said the University of the Thai Chamber of Commerce (UTCC). The UTCC reported […]

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Vietnam’s potential for Halal industry untapped

Only a handful of Vietnamese enterprises have taken advantage of expanding the Halal industry in general and increasing demand for Halal food in particular to boost exports, heard at a workshop held on July 13 in Ho Chi Minh City. Nguyen Tuan, Deputy Director of the Trade and Investment Promotion Centre of Ho Chi Minh […]

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Thailand: Tourism operators jittery over protests

Tourism operators are worried about possible protests that could harm the image of the country, while hoping a government is formed as soon as possible. Marisa Sukosol Nunbhakdi, president of the Thai Hotels Association (THA), said if there are any protests following yesterday’s vote for prime minister, they should be peaceful demonstrations the authorities monitor without […]

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Weak currency makes Malaysia more competitive

ANN/THE STAR – The current ringgit rate would offer a competitive advantage for Malaysia’s exports to the United Kingdom (UK), besides boosting the local tourism industry, said analysts. SPI Asset Management managing director Stephen Innes said a strengthened pound sterling would make Malaysia an attractive and affordable travel destination for UK travellers. “The appreciating pound […]

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