Showing 11 - 20 of 204
Consumer confidence falls to 11-month low
Reuters, Published on 06/08/2024
» Thai consumer confidence dropped for a fifth consecutive month in July to its lowest level since August last year due to concerns over a slow economic recovery, the rising cost of living and political uncertainty, a survey showed on Tuesday.
China's Temu vendors protest over penalty policy
Reuters, Published on 31/07/2024
» BEIJING - Hundreds of Chinese sellers on Temu have protested against what they call unbearably high penalties imposed by the firm, one of the merchants involved in the protest told Reuters, a fresh sign of tough price competition with low-cost rival Shein.
Factory output falls more than forecast as car output slumps
Reuters, Published on 31/07/2024
» Thailand's manufacturing production index dropped 1.71% in June from a year earlier due mainly to lower car production and higher energy costs, the Industry Ministry said on Wednesday, missing analysts' expectations.
Exports fall for first time in 3 months, weaker than expected
Reuters, Published on 26/07/2024
» Thai exports fell for the first time in three months in June due to slowing agriculture and food sales, the Commerce Ministry said on Friday, adding that it still expected exports to grow overall in 2024.
Indonesia launches 'Golden Visa' to lure foreign investors
Reuters, Published on 25/07/2024
» JAKARTA - Indonesia launched a long-term visa scheme on Thursday intended to attract foreign investors, President Joko Widodo said, with amounts of up to US$10 million giving them a 10-year visa and access to Southeast Asia's largest economy.
CrowdStrike shares tumble 13% on IT outage impact
Reuters, Published on 22/07/2024
» Shares of CrowdStrike plunged 13% on Monday, extending their loss-making streak, after Wall Street analysts downgraded the stock on concerns over the financial fallout from a global cyber outage last week.
Malaysia passes law to establish duty-free zone in Forest City
Reuters, Published on 18/07/2024
» KUALA LUMPUR - Malaysia passes regulations that will enable an island under the Forest City development to be gazetted a duty-free zone as part of efforts to revive the struggling megacity.
Thailand approves B100bn soft loan scheme for banks
Reuters, Published on 16/07/2024
» BANGKOK - Thailand's cabinet on Tuesday approved a 100-billion-baht (US$2.8-billion) soft loan scheme where funds would be lent to commercial banks so they could on-lend to borrowers at below-market rates, a deputy finance minister said.
Asia rice - Vietnam, Thai rates dip as eyes turn to India
Reuters, Published on 12/07/2024
» BENGALURU - Rice export prices from Vietnam slipped to their lowest levels in a year, and Thai rates also dropped this week amid lacklustre demand, as markets awaited potential easing of restrictions by top exporter India.
Thailand's consumer confidence hits 9-month low
Reuters, Published on 11/07/2024
» BANGKOK - Thailand's consumer confidence dropped for a fourth straight month in June to its lowest level since last September due to concerns about an economic slowdown and political uncertainty, a survey showed on Thursday.