KUALA LUMPUR: Local production costs as measured by the Producer Price Index jumped 10.2% in January 2017 from a year ago, driven by the mining sector and agriculture. The Statistics Department said on Tuesday the highest increase was recorded by mining index (+42.8%) followed by agriculture, forestry & fishing (+33.4%), manufacturing (+5.6%) and electricity & […]
Read MoreSEPANG: AirAsia and AirAsia X have warned the public not to fall victim to deceiving advertisements by unauthorised travel agents on social media platforms such as Facebook and Instagram who claim to sell heavily discounted flights for AirAsia and AirAsia X. In a statement, AirAsia said a police report has been made by the airline […]
Read MoreAesthetic TBC, the 41-year-old Japanese skincare brand, has made its debut in Thailand, its first market outside Japan. The first Aesthetic TBC counter was recently opened at Zen Department Store in Bangkok and five more counters will be added in the capital this year, requiring total investment of 25 million baht. The company appointed Asia […]
Read MoreSingapore Airlines is the latest strategic partner of the Tourism Authority of Thailand (TAT) as the agency seeks to promote travel here. A memorandum of understanding signed yesterday by the leaders of the two parties sets a goal of attracting traffic to Thailand from Australia, New Zealand, Singapore and South Africa. TAT governor Yuthasak Supasorn […]
Read MoreExports rose for the third straight month in January, prompting the government to raise its export target to more than 3.5% growth this year. Authorities have also pledged to try their best to encourage export growth of 5%, as demanded by Deputy Prime Minister Somkid Jatusripitak. The Commerce Ministry yesterday reported exports rose 8.8% year-on-year […]
Read MoreVIENTIANE, Feb. 28 (Xinhua) — The International Monetary Fund (IMF) has predicted that Laos’ gross domestic product (GDP) will grow at 6.8 percent in 2017, less than the government’s projected rate of 7 percent. The IMF concluded a consultation with Laos in mid-February, describing Laos’ challenges in dealing with the current account deficit, falling foreign […]
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