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Thailand: Consumers in the Now Normal

As the world continues to change, consumer behaviour is changing rapidly, forcing businesses to constantly adapt. Over the past two years, the coronavirus pandemic has brought about a host of changes that came to be known as the New Normal, but they might be better be described as the “Now Normal” since they are persisting […]

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Thailand: Tobacco firm to rent plots

The Tobacco Authority of Thailand (TOAT) plans to rent out its land plots in prime areas in Bangkok and the provinces, aiming to increase revenue. The move is in line with the board’s resolution to rent out its plots with potential. The authority’s acting governor Nophadol Hantanasarn said the TOAT wants to auction off three […]

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Philippines: Remittances up by 4% in April

MANILA, Philippines — Cash sent home by overseas Filipino workers (OFWs) went up by 3.8 percent to $2.67 billion in April from $2.57 billion a year ago, buoyed by remittances from land-based workers with long-term contracts, the Bangko Sentral ng Pilipinas (BSP) said. From January to April, the BSP said personal remittances increased by 2.6 […]

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Thailand: Crypto collapse prompts SEC warning

The Securities and Exchange Commission (SEC) says listed companies investing in cryptocurrency and digital assets must have risk management systems in place to reduce the impact of market volatility. The cryptocurrency market has continued to decline amid heavy sell-offs, with its market value having plunged about 70% in seven months. As of 3pm on Wednesday, […]

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Philippines: Car sales climb by 20% in May

MANILA, Philippines — Sales of local car and truck assemblers went up by a fifth in May from a year ago, amid improving economic conditions. The Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association (TMA) released a joint report yesterday which showed their combined sales reaching 26,370 units in May, […]

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