MANILA, Philippines — Data from the Mines and Geosciences Bureau (MGB), however, showed a decline in metal prices during the period. MGB expects prices to rebound in the second semester, especially for base metals copper and nickel. “The positive outlook was motivated by expected economic growth and increased demand from China. The growing concern for […]
Read MoreSoutheast Asia can be a poster child for digital integration but it needs both top-down and bottom-up momentum for that to happen. It also requires regional leadership. Can Thailand play that role? Southeast Asia’s digital economy was worth US$31 billion in 2015, and is forecast to grow to $200 billion by 2025. But this figure […]
Read MoreData-driven performance marketing company, Heroleads, recently released a report on Southeast Asia and Thailand’s digital transformation that also forecast the most influential trends likely to impact local and international businesses across Thailand in the coming years. Heroleads highlighted the growth of mobile ad spending, which accounts for over 51 per cent of the total digital […]
Read MoreThe Tourism and Sports Ministry has decided to delay plans to collect a tourism levy from foreign visitors. Last Wednesday, permanent tourism secretary Chote Trachu said the levy could result in psychological deterrence among foreign visitors and further harm the stagnant sector. In May, Mr Chote announced that the ministry had studied the feasibility of […]
Read MoreA special agreement for Myanmar to export maize to Thailand has ended, the government announced recently. The deal was initially signed last year after China imposed restrictions on its imports of maize. In search of new markets for its maize, Myanmar negotiated a deal with Thailand. “The timeframe for the exports of Myanmar maize to […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) expects inflation to bottom out either this month or next month after easing to a 35-month low of 1.7 percent in August. BSP Deputy Governor Francisco Dakila Jr. told The STAR the latest inflation outturn is consistent with the central bank’s prevailing assessment that inflation would […]
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