Consumer confidence increased for the fifth straight month in October, hitting a 10-month high, boosted by strong exports, a recovery in tourism and the easing of the pandemic. The University of the Thai Chamber of Commerce (UTCC) reported on Thursday the consumer confidence index rose to 46.1 in October from 44.6 in September, 43.7 in August, 42.4 […]
Read MoreMANILA, Philippines — The net inflow of foreign direct investments (FDI) continued to decline, even though it hit a four-month high of $797 million in August, due to global headwinds caused by monetary policy tightening to fight soaring inflation, data released by the Bangko Sentral ng Pilipinas (BSP) showed. The August inflow was the highest […]
Read MoreTHE Association of Southeast Asian Nations (Asean) has agreed in principle to admit East Timor as the group’s 11th member, the bloc said on Friday (Nov 11). The half-island nation, which is officially called Timor-Leste, will also be granted observer status at high-level Asean meetings, the bloc said after regional leaders met in Phnom Penh to […]
Read MorePETALING JAYA: Employees in Malaysia can look forward to a median 5% increase in their salaries next year, up from 4.8% this year, according to Mercer’s annual Total Remuneration Survey 2022. The asset management firm said the salary increment would be a return to the pre-pandemic level, as seen in 2019. “This reflects growing optimism […]
Read MoreThe Ministry of Public Works and Transport (MPWT) yesterday signed a framework agreement with China Road and Bridge Corporation (CRBC) to enable the two counterparts to continue negotiation to set the details of the Phnom Penh-Bavet Express Project (PP-Bavet Expressway) before reaching public-private partnership agreement for implementation. The framework agreement was signed by MPWT Minister […]
Read MoreMANILA, Philippines — The share of national debt to the country’s output has jumped to 63.7 percent, the highest rate in 17 years, putting extra pressure on the need for more robust economic growth to help shrink ballooning obligations amid higher commodity prices and interest rates. Data from the Bureau of the Treasury showed that […]
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Thailand
