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SMEs in turmoil as manufacturing faces a downturn
SMEs in turmoil as manufacturing faces a downturn
MONDAY, JULY 29, 2024
Automotive parts sector is particularly hard hit, forcing SMEs to cut overtime with a knock-on effect on workers’ income13 industries see surge in factory openings despite economic downturn
13 industries see surge in factory openings despite economic downturn
SUNDAY, JUNE 30, 2024
Despite some reports of factory closures, the proportion of newly opened factories continues to expandMortgage rejections push many young first-time buyers to rent
Mortgage rejections push many young first-time buyers to rent
MONDAY, FEBRUARY 05, 2024
The economic downturn has severely impacted the market for houses priced below 3 million baht, with the rejection rate for mortgages for condominiums and houses rising to as high as 60%, and the income of the younger generation failing to keep pace with the rising cost of housing.Vietnam's exports to EU, US see sharp downturn in 2023
Vietnam's exports to EU, US see sharp downturn in 2023
WEDNESDAY, JANUARY 03, 2024
Vietnam's exports to the EU and the US in 2023 were estimated to reach around US$166 billion, a 9.6% decrease while imports were estimated at nearly $41 billion, a 9.1% decrease in comparison to 2022.Samsung Electronics posts 14-year low quarterly earnings amid chip slump
Samsung Electronics posts 14-year low quarterly earnings amid chip slump
THURSDAY, APRIL 27, 2023
Samsung Electronics, the world's largest memory chip and smartphone maker, reported its worst quarterly operating profit in 14 years as it grapples with a sharp global downturn in chip demand that has sent prices plummeting.Citing economic downturn, Maryland governor vetoes sweeping education plan
Citing economic downturn, Maryland governor vetoes sweeping education plan
FRIDAY, MAY 08, 2020
Maryland Gov. Larry Hogan on Thursday vetoed a sweeping plan to overhaul public schools that proponents said would fix generations of inequity, saying the coronavirus pandemic made the costly education proposal "irresponsible" to enact.