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Thailand: Testing the stagflation waters

Thailand’s economy has been mired in a contraction for five consecutive quarters, starting with a 1.8% dip in the first quarter of 2020 followed by an alarming 12.2% nosedive in the second quarter. The contraction was less severe at only 6.4% in the third quarter, shrinking to 4.2% in the final quarter and only 2.6% […]

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Thailand: Price of new computers on the rise

New computer models are seeing an uptick in price following the global shortage of semiconductors and a surge in demand for IT devices used for remote work and study, according to IT device distributors. Somsak Pejthaveeporndej, chief executive of VST ECS Thailand, said the world faces a shortage of components such as integrated circuits used […]

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Thailand: Q1 jobless rate at 12-year high amid virus outbreaks

Thailand’s unemployment rate hit a 12-year high in the first quarter of 2021 due to the renewed impact of coronavirus outbreaks, the state planning agency said on Monday. The latest, more severe outbreak has seen overall cases nearly quadruple since early April, and deaths increase six-fold. The unemployment rate was 1.96% in the January-March quarter, […]

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Vietnam stock market among world’s best performers in Jan-May

The rising of domestic capital flow would boost the local market’s resilience against external shock and ensure sustainable growth. In addition to the index’s strong growth, market liquidity has been improved in the past months with an average transaction value of over VND20 trillion (US$865 million) per session. Chairman of the SSI Securities Corporation (SSI) […]

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