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Thailand: Drop in FDI due to structural woes, says KKP

Continuous foreign net outflows from Thailand’s stock market are not caused by headwinds to the economic outlook, but rather the country’s lower competitiveness and structural economic problems, says KKP Research. Foreign investors have been net sellers of Thai stocks since 2013, with a combined value of more than 800 billion baht. Foreign investors have also […]

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Cambodia: Visitor numbers to Kingdom collapse

For the first six months of the year, the number of foreign arrivals to the Kingdom dropped by around 65 percent, compared with the same period last year, according to a report from the Ministry of Tourism. The report stated that in June alone, the number of foreign arrivals decreased 97.3 percent. From January to […]

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Indonesia’s GDP contracts deeper than expected at 5.32% in Q2

Indonesia’s economy suffered its sharpest downturn since the 1998 Asian financial crisis in the second quarter, as the COVID-19 pandemic shut down large parts of the country, ravaging businesses and leaving millions out of work. GDP contracted 5.32 percent in the second quarter, the lowest since the first quarter of 1999, Statistics Indonesia (BPS) announced Wednesday. The figure […]

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