central bank is likely to keep interest rates low for the foreseeable future. Economic indicators for June and the second quarter of this year suggested an expansion in private investment and consumption

1. The outbreak of Corona Virus Disease 2019 (COVID-19) Since the end of February 2020, the government and private companies allowed the employees to work at home to prevent the further spread of the

shrinking of the export sector due to lower demand from overseas trading partners. In addition, this has negatively impacted local economic activity, particularly consumption and investment in the private

footprint in Vietnam market  On 21 January 2020, MACO, through VGI MACO (Singapore) Private Limited1 (“VGIMS”), announced to expand its footprint into the Vietnam market – a high growth potential country

through to the domestic economy. The downturn in the goods-producing sector intensified, while agricultural output continued to fall amid a lingering drought. Consequently, annual private consumption growth

% (y-y) in the first quarter. The main supporting factors were the return-to-expansion of export goods and private investment. On the other hand, the third wave of the COVID-19 pandemic continues to

Office of the National Economic and Social Development Board data, The Thai economy in the second quarter of 2022 increased by 2.5%, following a rise of 2.3% in the first quarter of 2022. The main

consumption, private investment and public spending. Under these circumstances, Thai economic growth in the first quarter of 2018 may be almost on par with the level seen in the final quarter of last year

sector’s growth slowed down and private investment slightly dropped. However, private consumption continued to hold up, partly due to improvements in non-farm income and government measures to support low

) Steady growth in private consumption from stimulus packages and recovering agricultural product prices from production expansion and 4) Other supporting factors, such as government spending and other