Thailand welcomes 20 million foreign tourists in first 7 months
China was the top source market for foreign tourists to Thailand, with 4,065,109 arrivals, followed by Malaysia (2,837,922), India (1,186,288), South Korea (1,073,792), and Russia…
Economic Affairs
PM Shehbaz approves petrol price cut by Rs6.17, high-speed diesel by Rs10.86
Sources had said the prices of these major products had decreased in the international market by about $2 and $3 per barrel, respectively, in the last fortnight.
Thai rice exports soar in June thanks to Indonesian demand boost
The value of rice exports in the first half of this year came in at 118.67 billion baht (US$3.30 billion), of which 23.16 billion baht (US$644 million) was generated in June alone.
In South Korea, bankruptcy fears loom large over Tmon, WeMakePrice
Qoo10 CEO Ku Young-bae pledged a "complete recovery of damages" related to the payment delays affecting its struggling e-commerce affiliates, Tmon and WeMakePrice, with government…
South Korea overtakes US, Japan in FDI to Indonesia
Investment Minister Bahlil Lahadalia revealed that South Korean foreign direct investment (FDI) amounted to US$1.3 billion in the second quarter of this year, exceeding inflows…
Thailand’s SMEs in turmoil as manufacturing faces a downturn
The Industrial Production Index confirms this downward trend, shrinking by 2.08% in the first five months of 2024 compared to the same period last year, and clearly reflecting the…
Chinese firms begin study on oil and gas potential in eastern Indonesia
Sinopec and Petrochina are participating in a joint study to explore the oil and gas potential around Buton and Timor in eastern Indonesia, according to the Energy and Mineral…
Malaysia’s e-invoicing system set to go
With two days to go, most of the 5,000 companies under Phase 1 of the e-invoicing rollout are raring to go and looking at a smooth takeoff, say stakeholders.
China’s industrial profits growth accelerates in June
For the January-June period, China's industrial profits increased 3.5 per cent year-on-year, following a 3.4 per cent growth in the first five months.
Jakarta teachers plead for help after losing source of income
After public backlash over the sudden dismissal of the state school educators, the Jakarta administration vowed to redistribute the manpower to schools that had teacher shortages.