Thailand’s inflation is expected to peak in the third quarter and decelerate in the final quarter, leading the rate for the whole year to move in line with the Commerce Ministry’s 2022 target of 6%. According to Ronnarong Phoolpipat, director-general of the Trade Policy and Strategy Office under the Commerce Ministry, the inflation rate is expected […]
Read MoreSINGAPORE – E-commerce sales in Singapore are expected to reach US$14 billion (S$19.6 billion) by 2027, despite slower growth seen in 2022 amid inflationary pressures and supply chain disruptions, according to a report released by Facebook parent Meta and Bain & Company on Tuesday. This forecast reflects the continued optimism regarding South-east Asia’s long-term growth […]
Read MoreKUALA LUMPUR: The Purchasing Managers’ Index (PMI) data for August 2022 signalled an eleventh monthly improvement in business conditions across the Asean manufacturing sector. In its Global Asean Manufacturing PMI report, S&P Global Market Intelligence said growth was supported by quicker upturns in production levels and new factory orders. The headline PMI posted at 52.3 […]
Read MoreBusiness confidence among digital-related enterprises showed no marked improvement in the second quarter, based on a recent Digital Sentiment Index survey, as Thailand grapples with high inflation, international conflicts and uncertain state policies, says the Digital Economy Promotion Agency (Depa). The index was at 46 in the second quarter, compared with 44.8 in the previous quarter. The […]
Read MoreCambodia received a total of $18.4 million for 23 projects as part of the Asian Development Bank’s trust fund, global fund, and special fund financing for projects and technical assistance, according to an ADB report. The top three Developing Member Country (DMC) recipients of trust fund, global fund, and special fund financing for projects and […]
Read MoreMANILA, Philippines — While India may not be a major source of imported rice for the country, the Philippines must prepare to shore up its local production once the world’s top rice shipper starts curbing exports of the commodity, which could further disrupt food supply and raise prices globally. The Indian government is mulling restrictions […]
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Thailand
