Tourism aids Thailand’s economic recovery
International Business News – The World Bank recently forecast that the Thai economy will grow by 2.9% in 2022. Thailand’s Ministry of Finance’s Fiscal Policy Office maintained its forecast for economic growth this year at 3.5 %. Analysts at Fitch…
BSP: Philippine economy on track for 9% growth in second quarter
International Business News – According to Philippine media reports recently, Philippine Central Bank Governor Mandela said that the Philippine economy may grow by 9% in the second quarter, but the domestic economic growth in the Philippines is expected to slow…
China’s auto exports accelerate
International Business News – In late July, BYD officially announced its entry into the Japanese passenger car market, and plans to sell three electric models next year. In 2021, the total sales of electric vehicles in Japan will be less…
Thailand’s annual economic growth rate is expected to reach 3.3%
International Business News – Thai Prime Minister Prayuth Prayut announced on August 2 after the cabinet meeting that Thailand’s economic recovery in the second quarter of 2022 is on a good trend, with an annual economic growth rate of 3.3%…
Thailand will promote the bio-circular green economy model
International Business News – Thai Deputy Prime Minister and Foreign Minister Don Tun will attend the 55th ASEAN Foreign Ministers’ Meeting (AMM-55) and related meetings to be held in Phnom Penh, Cambodia from August 2 to 6. Thailand’s Ministry of…
Status of Vietnam’s Agriculture, Forestry and Aquatic Products Exports
International Business News – According to statistics from Vietnam’s Ministry of Agriculture and Rural Development, in the first seven months of 2022, Vietnam’s exports of agriculture, forestry and aquatic products totaled about US$58.3 billion, a year-on-year increase of 7.2%. Among…
Thailand becomes the world’s 4th largest seasoning exporter
International Business News – According to Thai media reports, Thailand’s seasoning exports in 2021 will reach US$949 million, an increase of 12%, making it the fourth largest seasoning exporter in the world, second only to the European Union, the United…