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According to official data released on Monday (21 November 2022), Thailand’s economy grew at its greatest pace in more than a year bolstered by the uptick in tourism in addition to an increase in consumption.
Kenanga Investment Bank Bhd has stated that it anticipates that 2022 exports would remain at 27% compared to the 26.1% in 2021, bolstered by the weaker ringgit despite the expectation of a sombre fourth quarter 2022 outlook.
Indonesian Coordinating Minister for Economic Affairs, Airlangga Hartarto stated that the Asia-Pacific Economic Cooperation (APEC) Summit had completely adopted the Bali G20 Leaders’ Declaration.