MANILA, Philippines — Wholesale prices of goods in the country rose at a much faster pace in September from the previous month as food, fuel and three other commodity groups registered higher increases, the Philippine Statistics Authority (PSA) said. Data from the PSA showed the annual growth of the General Wholesale Price Index (GWPI) nationwide […]
Read MoreFive trends are emerging that have the potential to have an impact on global consumer markets in 2023, over the next five years and beyond, according to Mintel, the international market research firm. Centred around seven core drivers of consumer behaviour — identity, rights, surroundings, experiences, technology, well-being and value — the trends are: Me Mentality: […]
Read MoreThe country welcomed 2.95 million foreign visitors during the initial 11 months of the year, a figure 21.1 times higher compared to the same period from last year, but still down 81.9% compared with pre-pandemic levels in 2019. According to figures given by the General Statistics Office (GSO), November alone witnessed the country welcome 596,900 […]
Read MoreThailand’s economy may not reach a forecast growth of 3.8% next year due to a global economic slowdown, but this year’s outlook should still be achieved, the finance minister said on Tuesday. Slowing exports will not affect this year’s growth outlook of 3.4% as the crucial tourism sector picks up pace, Finance Minister Arkhom Termpittayapaisith […]
Read MoreMOST Asian currencies recovered marginally on Tuesday, with the South Korean won and Singapore dollar leading gains, as the U.S. dollar pared some of its overnight gains. The Malaysian ringgit declined sharply as political uncertainty dampened sentiment. The U.S. dollar, which rallied in the previous session on mounting worries over China’s COVID situation, moved broadly […]
Read MoreAirasia ride, a ride-hailing service under the airasia Super App, is forging ahead with an aggressive move to entice drivers with a low 15% commission fee, while setting competitive fares to attract passengers, particularly tourists. It indicated its fares are about 15% lower than its competitors. It expects the ride-hailing service will attain profitability within a […]
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