Consumer confidence fell to its lowest level in 21 months in June as the public fretted over political instability, global economic uncertainty and low farm product prices. According to the latest survey by the University of the Thai Chamber of Commerce (UTCC), the consumer confidence index fell to 76.4 points last month from 77.7 in […]
Read MoreThe Hanoitimes – Both scenarios for inflation in 2019 presented by the government indicate inflation will be in the range of 3.17 – 3.41%. Vietnam’s inflation is projected to be 3.41% in 2019, much lower than the government target of 4%, according to Deputy Prime Minister Vuong Dinh Hue. The public services fees, therefore, should be […]
Read MoreAfter a ban on sea sand exports, Malaysia’s Water, Land and Natural Resources Minister now says the government’s decision was not made to impinge on Singapore’s land reclamation efforts as global news reports have suggested. In a report by The Star on Thursday (July 4), Dr Xavier Jayakumar noted that Singapore “can always buy sand from […]
Read MoreThe government launched the Revenue Mobilisation Strategy 2019-2023 on Thursday. The 77-page book details key strategies such as modernisation of the General Department of Taxation’s (GDT) fiscal revenue system in response to the increasing demand for service quality, social equity guarantee and sustainability of revenue for the Kingdom’s development. The strategy mandates the government to […]
Read MoreHuawei Technologies says its smartphone market share in Thailand remains unscathed by US sanctions on the company, despite conflicting reports that the Chinese telecom giant’s sales suffered dramatically. The company said its market share in Thailand grew in the first five months of 2019 to 20% from 15% in 2018. Huawei is set to increase […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) said inflation may ease below two percent in the third quarter, giving monetary authorities more room to cut interest rates further. BSP Governor Benjamin Diokno said in an interview inflation in the third quarter may drop further compared to the second quarter figure. “If we just […]
Read More
Thailand
