THE Consumer Price Index (CPI) in February 2019 decreased by 0.2 per cent year-on-year compared to February last year. Prices of food and non-alcoholic beverages decreased by 0.9 per cent. Meanwhile, non-food prices increased by 0.03 per cent. The CPI decrease was largely attributed to decreases in the prices and costs of food and non-alcoholic […]
Read MoreStrong domestic demand will partially offset declining exports, leading to higher-than-expected GDP growth of 3.9% this year, says the Bank of Thailand. The consensus growth projections for Thailand are lower at 3.6%. Don Nakornthab, senior director for macroeconomic and monetary policy at the Bank of Thailand, said trade tensions may play a role this year […]
Read MoreSINGAPORE (BLOOMBERG) – Grab, South-east Asia’s biggest ride-hailing company, plans to double its staff in Singapore to 3,000 by the time it moves into new headquarters next year. Grab signed an 11-year lease for new offices in a development by Ascendas Real Estate Investment Trust. The Singapore-based startup has a five-year renewal option and will […]
Read MoreDEMANDS on the healthcare workforce will increase as Thailand’s population ages, according to research by KPMG Global yesterday. The research show that Thailand has become an ageing society with more than 10 million elderly people accounting for 10 per cent of the total population since the year 2014. On the other hand, children under the […]
Read MoreThe government is yet to issue a technical regulation on e-commerce taxationwith only several days left before the new policy is scheduled to take effect on April. 1. The expected technical regulation will be a taxation director general regulation(Perdirjen) to support Finance Ministerial Regulation No. 210/2018 on e-commerce taxation. Head of the Indonesian E-Commerce Association (iDEA) digital economy division Bima Laga said he was involved in […]
Read MoreMANILA, Philippines — Filipino consumers and local businesses turned more optimistic in the first quarter due to easing inflation, as well as the onset of the election period, which is expected to boost economic activities and spending, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. Department of Economic Statistics director Redentor Paolo Alegre Jr. said […]
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Thailand
