Thailand’s border trade edged up 1.84% year-on-year in January, with Malaysia still the biggest trade partner. Adul Chotinisakorn, director-general of the Foreign Trade Department, said Thailand fetched 119.5 billion baht in January from all cross-border trade, including transit trade. Transit trade consists of businesses connected with the passage of goods through a country to their […]
Read MoreMANILA, Philippines — Inflation likely eased last month back to within the two to four percent target set by the Bangko Sentral ng Pilipinas (BSP) due to easing food prices, particularly that of rice, according to economists. In a report, ANZ Research chief economist for Southeast Asia and India Sanjay Mathur said inflation last month […]
Read MoreExporters are quick to finger baht appreciation whenever shipments sag, but studies reveal that the global economy and demand from trading partners have a much larger effect Despite some relief from de-escalating tensions over the Sino-US trade spat, continued export contraction and currency appreciation remain a double whammy for shipment-oriented Thailand, with exporters blaming the strengthening baht […]
Read MoreGo-Jek has signed an agreement with Aeon Mall, a property development subsidiary of Japan’s largest retailer, Aeon Co. The companies’ representatives signed a memorandum of understanding (MoU) at Aeon Mall Jakarta Garden City in East Jakarta, which became the first outlet to implement the partnership, recently. Go-Jek head of merchants Ryu Suliawan told reporters that […]
Read MoreKUALA LUMPUR: Malaysia’s exports in January 2019 rose at a faster-than-expected pace of 3.1% year-on-year (y-o-y) to RM85.4bil, underpinned by expansion in exports to China, Thailand and South Korea, compared with a Bloomberg survey of a 0.6% contraction. The Statistics Department announced on Monday re-exports were valued at RM17.5bil (+0.4%) and accounted for 20.5% of total exports. Domestic […]
Read MoreSoutheast Asia’s rapid urbanisation and increasing affluence has led to concerns about the growth of consumerism and its impact on sustainability. Consumerism is the constant purchasing of goods and services not termed as needs such as food, water, clothing and shelter and follows changing trends and fashion. Driving market forces, consumerism has become a way […]
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Thailand
