Thai consumer confidence dropped for a fourth straight month in April, hitting an eight-month low, due to concerns over higher living costs and the impact of Russia’s invasion of Ukraine, a survey showed on Tuesday. The consumer index of the University of the Thai Chamber of Commerce fell to 40.7 in April from 42.0 in […]
Read MoreKUALA LUMPUR, May 10 — Malaysia’s Industrial Production Index (IPI) increased 5.1 per cent in March 2022 compared to the same month of the previous year, driven by growth in three indices, namely manufacturing, electricity and mining, the Department of Statistics Malaysia (DOSM) said. Chief statistician Datuk Seri Mohd Uzir Mahidin said the manufacturing index […]
Read MoreJAKARTA (AFP) – Indonesia’s economy maintained steady growth in the first quarter (Q1) of 2022 despite global tensions, official data showed yesterday, as the nation reaped the benefits of soaring commodities prices and an easing of COVID restrictions. Indonesia was badly affected by the coronavirus pandemic, with its exports and tourism-reliant economy taking a massive […]
Read MoreIn a recent report of the World Bank (WB), Vietnam was among the economies that the institution sharply reduced its growth forecast indicators. In early April, the WB forecasted that Vietnam’s growth rate would be only 5.3% this year, according to the basic scenario, and even worse – 4.4%. These two rates are much lower […]
Read MoreAfter Thailand’s government allowed the re-opening of the border with Cambodia from May 1, a number of associations and private companies in the tourism sector in Cambodia, Thailand as well as Vietnam have cooperated to plan to boost the flow of tourists again. In early May, the Asia-Pacific Tourism Association (PATA) led by Thuon Sinan, […]
Read MoreSingapore appealed for firms to hire more locals as a pandemic-driven fall in foreign workers, together with an easing of virus curbs, continues to drive the city-state’s worst labour shortage in over two decades. Manpower Minister Tan See Leng said in parliament Monday that while certain sectors such as construction has seen a recovery in […]
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Thailand
