KUALA LUMPUR, Feb 3 — Following an expected growth of 7.8 per cent in 2022, Malaysia’s economy is projected to grow at a “moderate pace” of 4.0 per cent this year, according to the World Bank. In its “Malaysia Economic Monitor February 2023” report released today, the World Bank attributed the lower growth rate partly […]
Read MoreThe on-time performance (OTP) of Vietnamese airlines stood at 95.3% in January, down 0.9 percentage points from the previous month, while the number of flights increased 15.6%, said the Civil Aviation Authority of Vietnam (CAAV). Bamboo Airways posted the best OTP, at 96.4%, followed by the national flag carrier Vietnam Airlines 95.9% and Vietjet Air 95%. The […]
Read MoreThe domestic price of diesel is set to decrease to 34.5 baht a litre later this month, down from 34.94 per litre, following a decline in global crude oil prices. The new retail price will take effect at 5am on Feb 15, said Wisak Watanasap, director of the state Oil Fuel Fund Office (Offo). Global […]
Read MoreThe 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 […]
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