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Thailand: State advised to address the rising cost of living

Retailers are calling on the government to speed up budget disbursement and state spending, cap energy prices for as long as possible as well as continue consumption stimulus measures to boost consumer spending. According to Yol Phokasub, president of the Thai Retailers Association, given the spate of risk factors, the government needs to prioritise measures […]

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Thailand: Labour market recovers in Q4 of 2021

The overall labour situation began to recover from the impact of Covid-19 in the final quarter of 2021, with the unemployment rate dropping to the lowest since the second quarter of 2020, while household debt still increased but at a slower pace. The government’s planning unit, the National Economic and Social Development Council (NESDC), reported […]

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Singapore to impose banking, trade restrictions on Russia

SINGAPORE (Reuters) — Singapore will impose “appropriate sanctions and restrictions” on Russia, its foreign minister said on Monday, including banking and financial measures and export controls on items that could be used as weapons against the people of Ukraine. The tiny city-state, an Asian financial center and key international shipping hub, complies with United Nations […]

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