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Thailand: Brokerages announce downbeat outlook

The total value of securities traded on the Stock Exchange of Thailand is expected to decrease this year from 2022 as concerns about the global economic slowdown and US interest rate hikes affect investor confidence, says the Association of Securities Companies (Asco). Chairman Pichet Sitthi-Amnuai said Asco anticipates the securities industry will not perform well this […]

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Thailand: Sector braces for 80m visitors by 2027

Intense congestion at popular tourist destinations needs to ease in order to accommodate a new target of 80 million foreign arrivals by 2027, says Tourism and Sports Minister Phiphat Ratchakitprakarn. “It might be harsh to say this, but Thailand should never return to the conditions of 2019 when almost 40 million foreign tourists flocked to the country, […]

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‘Cambodia to achieve 6.6% GDP growth in 2023’

The Gross Domestic Product (GDP) of Cambodia would grow by 6.6 percent in 2023, a message from Prime Minister Hun Sen said yesterday. “The economy has recovered fast,” Mr Hun Sen said, adding, “thanks to all of the efforts proactively made by the government on its ownership through releasing measures to maintain the balance of […]

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