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Thailand: Fuel costs hike THAI ticket prices

Thai Airways International Plc (THAI) will raise the fuel surcharge rate on 58 routes starting from September 14 due to the increasing fuel prices. THAI president Sumeth Damrongchaitham said the decision was made after a study of internal and external factors including sharply rising fuel costs, which the airline has been absorbing while competitor airlines […]

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DHL eCommerce going green in Malaysia & Vietnam

People receiving parcels and packages by DHL in Vietnam or Malaysia can soon start feeling less guilty about the carbon footprint generated by motorised door-to-door delivery services. As part of Deutsche Post DHL Group’s (DPDHLs) commitment to reduce all logistics-related emissions to net zero by the year 2050, DHL eCommerce has rolled out a fleet […]

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Thailand: Consumer sentiment at multiyear high

Consumer confidence rose to its highest level in 64 months in August, driven by the growing economy and higher prices for many farm products such as fruits, corn and tapioca.  According to the latest survey by the University of the Thai Chamber of Commerce (UTCC), the consumer confidence index in August rose to 83.2 from […]

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Singapore: Economists stick to forecast of 3.2% GDP growth for 2018, but more are wary of external risk factors

CONFIDENCE in the manufacturing sector as a growth driver has risen, with Singapore’s overall economic prospects on track for previous forecasts, according to the latest survey of private-sector economists, which was released on Wednesday. But a growing number of watchers have flagged external growth as a factor that could affect the economy, although whether it […]

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