Since the lifting of the strict lockdown in the first quarter of 2022, and the decrease in the number of COVID-19 cases, the Thai economy has shown signs of recovery. However, Thailand still faces a battle in bringing its economy back up to pre-pandemic levels in order to compete with its ASEAN neighbours, not to mention the […]
Read MoreVietnam ranks as the fifth most open economy in Asia out of 37 nations evaluated by Fitch Solutions in its Vietnam Trade & Investment Risk Report. Economic openness assesses the risks posed to businesses and investors looking to enter the market, assessing its overall openness to foreign direct investment and its attractiveness as an investment […]
Read MoreThe United Kingdom recently came out with a few more details of the proposed revamp of its Generalised Scheme of Preferences (GSP)—to be rolled out in early 2023—which reportedly suggests the revision could benefit more Cambodian garment and textile commodities, especially travel goods. The claim was, however, countered by the Garment Manufacturers Association in Cambodia […]
Read MoreKUALA LUMPUR: Malaysia’s leading index (LI) rebounded 5.3 per cent year-on-year (y-o-y) to 111.7 points in June 2022 after a rise of 2.3 per cent in May 2022 (111.3 points), said the Department of Statistics Malaysia (DoSM). DoSm said the increase was mainly backed by the increment in real imports of other basic precious and […]
Read MoreTHE Bangko Sentral ng Pilipinas (BSP) said it has allowed a total of six digital banks to operate in the Philippines. BSP said in a statement that it recently granted two different banks certificates of authority (COAs) to operate in the country. The most recent beneficiaries were GoTyme Bank Corp. (GTYME) and UnionDigital Bank Inc. (UDB). The central […]
Read MoreMilitary-ruled Myanmar earned US$800 million from natural gas exports mainly to China and Thailand between April and July, the junta said in the state newspaper on Thursday. The country has been embroiled in chaos since the military overthrew an elected government in a coup early last year and the economy has all but collapsed. The […]
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Thailand
