Despite an unexpected rise in exports in July, Thai shippers are maintaining their forecast for outbound shipments to contract by 1% this year. Ghanyapad Tantipipatpong, chairwoman of the Thai National Shippers’ Council (TNSC), said exports still face multiple risks: the global economic slowdown exacerbated by the escalating trade war, the Brexit impasse, international political conflicts, […]
Read MoreMANILA, Philippines — Credit growth picked up pace in July after slowing down for two straight months as banks are now armed with additional funds from the reduction in the reserve requirement ratio. Bangko Sentral ng Pilipinas Governor Benjamin Diokno said preliminary data showed loans extended by big banks grew at a faster rate of […]
Read MoreBangkok (VNA) – The Energy Ministry of Thailand is ready to push forward five plans to promote energy sector in ASEAN at the 37th ASEAN Ministers on Energy Meeting (AMEM) that scheduled for Sept 2-6 in Bangkok. Bangkok Post quoted the ministry’s director for international affairs Poonpat Leesombatpiboon as saying that the five action plans are […]
Read MoreThe Hanoitimes – The slowdown in growth in August, and panelist reports of the US-China trade tensions harming demand, show that the Vietnamese manufacturing sector is not immune to the impacts of global trade issues. The headline Nikkei Vietnam Manufacturing Purchasing Managers’ index (PMI) posted 51.4 in August, remaining above the 50.0 no-change mark, but […]
Read MoreA trio of experts from the economic and real estate sectors said tourism growth and several other factors make Cambodia one of the best places to invest in a hotel in Southeast Asia now. Jayant Menon, lead economist at the Asian Development Bank (ADB), said Cambodia’s strong economic and tourism growth present opportunities for potential […]
Read MoreIn the first quarter of this year, household debt nationwide stood at Bt13 trillion, rising by 6.3 per cent and accounting for 78.7 per cent of the total GDP – the highest since the first quarter of 2017, the latest report on Thailand’s Social Situation and Outlook in the second quarter of 2019 from the […]
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