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Thailand: Corporate registrations increase by 28% in March

The number of newly registered Thai companies rose 28% year-on-year in March, with combined registered capital skyrocketing by 1,055%, according to a Commerce Ministry report. Commerce Minister Jurin Laksanawisit said yesterday that the number of newly registered businesses in March tallied 9,179, with a combined registered capital of 300 billion baht. A surge in the […]

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Thailand: Industrial sentiment at decade high

Thailand’s industrial sentiment in March reached its highest level in a decade, boosted by a rebound in domestic demand and tourism, but high costs, slowing global growth and baht volatility were a worry, the Federation of Thai Industries (FTI) said on Wednesday. The FTI’s industries sentiment index rose to 97.8 in March from 96.2 in February, […]

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Vietnam: E-commerce still the brightest economic sector

Vecom estimated that last year, the retail e-commerce transaction scale comprised about 8.5 per cent of the total retail sales of consumer goods and services of VNĐ5,680 trillion ($240.5 billion). HÀ NỘI — E-commerce will remain the fastest growing and most stable economic sector this year, according to the Việt Nam Online Business Forum 2023 […]

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Indonesia holds rates at 5.75% for third straight meeting

JAKARTA — Indonesia’s central bank on Tuesday left its seven-day reverse repo rate unchanged at 5.75% for a third consecutive meeting. “This decision is consistent with the preemptive and forward-looking stance of monetary policy to ensure the continued decline in inflation,” Bank Indonesia Gov. Perry Warjiyo told reporters at a briefing. All 30 economists in […]

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Thailand: Sounding the alarm on zero-dollar tours

As a popular tourism destination, Thailand expects to welcome at least 25 million foreigners this year, with roughly 5 million from China, representing 50% of the Chinese visitor total in 2019. In the early stages of China’s reopening this year, Beijing listed Thailand as one of the first 20 countries where Chinese tour groups would be […]

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