Bangkoks 20 baht metro dream in danger of derailing
Bangkok commuters want a 20-baht flat rate for metro rides, but current fares range from 12 to 47 baht. Efforts are underway, but disputes...
SCB EIC revised Thailand’s 2023 growth forecast to 2.6% and expects 3.0% in 2024
SCB EIC revises Thailand’s 2023 growth forecast to 2.6% due to lower GDP and slow recovery of Chinese tourists. 2024 growth at 3.0%, concerns about slow recovery and uncertainties. Proposed policies to address structural issues. Thai policy rate expected to remain at 2.5%. Concerns about declining potential growth in the long term.
BMA Considers Transferring Operation of Three Train Lines to MRT
Bangkok is considering transferring elevated train lines to the MRT, including the Gold, Grey, and Blue lines. The MRT already operates other lines. Feasibility...
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...
