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Bank of Thailand puts stability above stimulus

Amid the ongoing recovery pace, the economy no longer requires any stimulus measures, but the country requires normalisation and the implementation of economic measures to support economic stability and potential growth for the longer term, says the governor of the Bank of Thailand. According to Sethaput Suthiwartnarueput, governor of the central bank, Thailand’s economy has been […]

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7-Eleven Convenience Stores to Start Operations in Laos This Year

Thailand’s CP ALL Public Company plans to launch 7-Eleven convenience franchise stores in Laos by mid-2023. CP ALL Laos, a subsidiary of Thailand’s CP ALL Public Company, will open five 7-Eleven convenience stores in the cities of Vientiane Capital, Luang Prabang, and other provinces, according to Prachachat. Mr. Korsak Chairasmisak, CEO and President of CP ALL Public Company […]

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Malaysia: Little to rejoice on the global trade front

PETALING JAYA: The weakening global economy foretells weaker trade prospects for Malaysian companies and products and services in the months ahead. While China’s economic reopening is expected to provide some support to the global growth outlook and Malaysian exports, the high inflation and interest rate environment in major economies, where much of the final demand […]

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