Showing 1-9 of 9 results
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Moody's upbeat on decoupling trend
Business, Sirinnaree Ongsakul, Published on 01/06/2023
» Emerging markets in Asia-Pacific are expected to benefit from supply chain decoupling, as the US and Europe are looking to diversify risks in security-related industries, say analysts.
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Asian businesses keen on expanding abroad
Business, Sirinnaree Ongsakul, Published on 15/05/2023
» Southeast Asia and China have emerged as the two leading destinations for overseas expansion as 83% of businesses in Asia are keen to expand abroad, according to a recent report.
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US interest rates may stabilise for the year
Business, Sirinnaree Ongsakul, Published on 13/05/2023
» Local economists say it is possible the Federal Reserve will hold interest rates steady for one year if US inflation and the labour market remain strong.
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OECD predicts SE Asian growth to decline
Business, Sirinnaree Ongsakul, Published on 10/04/2023
» Economic growth in Southeast Asia is forecast to drop from 5.6% in 2022 to 4.6% this year, pressured by weaker demand as the global economy slows, says the Organisation for Economic Co-operation and Development (OECD).
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ADB gauges 2023 growth rate at 3.3%
Business, Sirinnaree Ongsakul, Published on 05/04/2023
» Thailand's economic growth is projected at 3.3% this year and 3.7% in 2024 as a recovery in tourism and private consumption help offset a slowdown in exports, according to the Asian Development Bank (ADB).
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DHL forecasts growth in international trade to stall
Business, Sirinnaree Ongsakul, Published on 21/03/2023
» International trade growth is forecast to stagnate this year as countries have raised interest rates to combat surging inflation, leading to a worldwide economic slowdown, says global logistics company DHL.
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Bangkok business travel cost rises to $278 a day
Business, Sirinnaree Ongsakul, Published on 22/03/2023
» The cost of business travel to Bangkok has risen moderately by 4%, making it the 24th most expensive destination in Asia, while Singapore ranks second after Hong Kong this year, says ECA International (ECA).
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Asia-Pacific GDP forecast to grow 3.1% in 2023
Business, Sirinnaree Ongsakul, Published on 03/03/2023
» The Asia-Pacific region's economy is projected to expand 3.1% this year before dropping to 2.9% growth in 2024 as downside risks continue to pressure recovery, according to an analysis from an Asia-Pacific Economic Cooperation (Apec) research unit.
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Executives gloomy about global outlook
Business, Sirinnaree Ongsakul, Published on 20/01/2023
» Chief executives of companies around the world are planning to cut operating costs as nearly three-quarters of them anticipate a decline in global economic growth over the next 12 months, according to a recent survey by PwC.
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