Consumer sentiment recovered in October after falling for the first time in five months in September when concerns over political instability, a slow economic recovery and higher unemployment as a result of the pandemic were at their highest. The University of the Thai Chamber of Commerce (UTCC) reported on Thursday the consumer confidence index edged up […]
Read MoreThe Kingdom’s construction sector is being boosted by local investors who have stepped in to replace foreign investment projects hindered by COVID-19, according to insiders. Chiv Sivpheng, general manager of Cambodia Constructors Association, says that the pandemic has led to a sharp decline in foreign investments in large construction projects. “Most of the projects that […]
Read MoreKUALA LUMPUR: Malaysia’s economy contracted at a smaller pace of 2.7% in the third quarter ended Sept 30,2020 compared with the 17.1% plunge in the second quarter, underpinned by the recovery in the manufacturing sector. The Statistics Department said on Friday the economic performance during this pandemic period was also measured on the monthly basis […]
Read MoreMANILA, Philippines — Fraudsters are taking advantage of the surge in electronic commerce transactions amid the COVID-19 pandemic, according to FICO, a Silicon Valley-based analytics software firm. Subhashish Bose, FICO head for fraud, security and compliance in Asia Pacific, said fraud challenges are intensifying as e-commerce sales are predicted to jump by at least 20 […]
Read More10 ASEAN member states are on the cusp of a tremendous leap forward in socio-economic progress and their growth will be propelled by four mega-forces, including favourable demographics, rising income levels, geopolitical shifts and digital tailwinds. The World Economic Forum (WEF) has identified rising income levels to be a driving force for the future of consumption in […]
Read MoreFifteen Asia-Pacific nations including China aim to clinch the world’s largest free-trade agreement this weekend, the culmination of Beijing’s decade-long quest for greater economic integration with a region that encompasses nearly a third of the global gross domestic product. The Regional Comprehensive Economic Partnership (RCEP), which includes 10 Asean members including Thailand and countries stretching […]
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Thailand
