The economy is expected to grow 3% to 3.5% this year, with a slow but steady recovery as the crucial tourism sector picks up and exports remain good, Finance Minister Arkhom Termpittayapaisith told a business forum on Wednesday. The number of foreign tourists should reach 8 million to 10 million this year as Covid-19 restrictions were […]
Read MoreThailand recorded a current account deficit of $4.1 billion in July after a deficit of copy.9 billion the previous month, the Bank of Thailand said on Wednesday. Exports, a key driver of growth, rose 3.4% in July from a year ago, with imports up 25.3% year-on-year and a trade deficit of $0.4 billion, it said. […]
Read MoreTHE inflation rate in Malaysia continued to soar due to surging food prices, with the consumer price index (CPI) rising 4.4 per cent year-on-year (y-o-y) in July, faster than the 3.4 per cent y-o-y increase in the previous month. The latest numbers, released by the Department of Statistics Malaysia on Monday (Aug 29), were largely […]
Read MoreVietnam has enjoyed a trade surplus of 3.96 billion USD in the first eight months of 2022, the General Statistics Office (GSO) announced on August 29. According to the office, the country’s import-export turnover is estimated to reach 64.34 billion USD in August, up 5.2% month-on-month and 17.3% year-on-year. The figure raised the country’s total […]
Read MoreCNA – Thailand and Vietnam have agreed to cooperate in raising the price of rice in the global market, a Thai agricultural official said yesterday, following months of talks aimed in part at improving rural incomes. “This is the first time Thailand and Vietnam have agreed to cooperate in lifting the price of rice in […]
Read MoreStrict Covid-19 controls by China have meant cargo trucks from Laos have been unable to deliver freight, leaving thousands of trucks stranded at the border gate in Boten. The problem has been ongoing since the pandemic began, despite round after round of negotiations between Lao and Chinese authorities. President Thongloun Sisoulith even flew to Luang Namtha in […]
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