Key Economic Indicators from Singapore in 2023
Singapore's 2023 economy rebounds, tourism surges, construction grows, retail revives, and global financial hub position strengthens.
Telco regulator asked to review TRUEs service charges and quality
Four NBTC commissioners propose including True Corporation's service charges and quality in the meeting agenda, after receiving complaints about decreased quality and increased charges...
ADB lowers its economic growth forecast for Thailand in 2023 from 3.5% to 2.5%
Asian Development Bank revises Thai economic growth forecasts down due to global slowdown, but raises regional economic growth forecast for 2023 to 4.9%.
Projected increase in disposable income for APAC consumers by 2024 (Study by Mastercard)
Mastercard predicts modest economic growth in Asia Pacific for 2024. Shift in consumer spending towards travel and entertainment expected.
TikTok Announces $1.5 Bn Deal to Restart Indonesia Online Shopping Business
TikTok invests $1.5 billion in GoTo group to re-enter Indonesian market with merged online shop. Company faces data security concerns and ban on social...
Thailand Steps Up Efforts to Combat Counterfeit Goods
Thailand takes strong action against counterfeit products online to protect property rights and its international reputation.
Thai private sector forecasts 2024 growth of 2 8 3 3 percent
Thailand's economic growth in 2024 is predicted to be 2.8-3.3%. The government's "digital wallet" scheme could contribute 1-1.5% to growth. The Thai economy remains...
Subsidy approved to discourage sugarcane farmers from burning canes
Cabinet grants 120 baht/tonne subsidy for non-burning sugarcane harvesting. 40,000 farmers expected to join in January. Meeting in Nong Bua Lam Phu addresses local...
