GDP growth may dive to 1.6% this year if the government fails to stimulate an economy reeling from the third wave of the pandemic, says the University of the Thai Chamber of Commerce (UTCC). Despite maintaining its GDP growth forecast at 2.8%, the university on Thursday warned the government about dimmer prospects as economic growth will […]
Read MoreCross-border trade between Cambodia and Thailand remains busy as usual despite ongoing lockdowns in parts of both countries to combat the spread of Covid19 in their respective communities, according to senior provincial officials. Battambang provincial Department of Commerce director Kim Hout told The Post on April 22 that imports of noodles, fish sauce and canned […]
Read MoreMANILA, Philippines — The reimposition of stricter mobility restrictions in the National Capital Region and adjacent provinces or NCR Plus amid the resurgence of COVID-19 infections is seen dragging the economy in the first half of the year, according to the Bangko Sentral ng Pilipinas. BSP Governor Benjamin Diokno said during a virtual press briefing […]
Read MoreThe consumer finance market in the year ahead is predicted to struggle making any significant breakthroughs, despite lending interest rates witnessing a downward trend, according to experts. Last year saw the novel coronavirus (COVID-19) pandemic negatively impact the world’s economy and international trade, with interruptions in the global supply chain causing a slowdown to all […]
Read MoreKUALA LUMPUR: Malaysia’s Business Conditions Index (BCI) increased by 28.8 points year-on-year (y-o-y) to 111.8 points in the first quarter (Q1) ended March 2021, indicating that manufacturers had regained their confidence since the outbreak of the Covid-19 in Q1 2020. The Malaysian Institute of Economic Research (Mier) said the expansionary mode was also partly driven […]
Read MoreMANILA, Philippines — Struggling to bring people out of their homes and toward their nearly deserted malls, the Philippines came up with a fix to entice its consumers to go out, dine and shop: place stickers on stores to show they follow health guidelines. For sure, the so-called “safety seal” is far from being a “COVID-19-free seal” […]
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Thailand
