Thailand's consumer confidence rose for a fourth straight month in November, hitting the highest level in 45 months, driven largely by the government's policies to reduce the cost of living and economic stimulus measures.
Thailand's consumer confidence index (CCI) rose to the highest level in 26 months in January, driven by the economic recovery, a surge in foreign tourist arrivals and the easing of the COVID-19 pandemic, according to the University of the Thai Chamber of Commerce (UTCC).
Indonesian Finance Minister Sri Mulyani Indrawati said at a recent congressional hearing with the House of Representatives’ Commission XI that Indonesia’s economic growth is forecast to reach between 7.1 to 8.3 percent in the second quarter this year.
The Indonesian economy is likely to expand by 7 percent in the second quarter of 2021, following an upward trend in the disbursement of foreign direct investment (FDI) and an improved consumer confidence index.
Vietnam topped the world in terms of having the most avid savers with 72 percent, followed by Hong Kong (68 percent) and Singapore (65 percent), according to the Conference Board Global Consumer Confidence Survey released this week.
Bank Indonesia (BI) on July 6 warned that though consumer confidence improved in June, but basically, people remain pessimistic about the country’s economy.
Thailand’s consumer confidence slumped to a 21-year low in April as the public remained worried about the poor economy, unemployment and future income because of the COVID-19 pandemic.
Vietnam surpassed Indonesia to rank third in consumer confidence in the first quarter behind only the Philippines and India, according to the latest Conference Board Global Consumer Confidence Survey conducted in collaboration with global measurement company Nielsen.
Vietnam had the world’s second highest score in the consumer confidence index in the third quarter of 2018, according to the latest data of the Conference Board Global Consumer Confidence Survey and Nielsen announced on December 18.
Thanks to optimism in jobs and personal finances, Vietnam has risen to the 2nd position in the consumer confidence benchmark globally with a nine-point increase in Q3/2018.
Vietnam ranked the fourth most optimistic country globally with a rise of 9 points on the Consumer Confidence Index in the first quarter of 2018 compared to the last quarter of 2017, thanks to increased positivity about local job prospects and the state of personal finances.
The Centre for Economic and Business Forecasting of the University of the Thai Chamber of Commerce (UTCC) has announced that the country’s Consumer Confidence Index (CCI) in April rose to the highest level in 40 months after a minimum wage rise.
Thailand’s consumer confidence index increased for the second consecutive month in September, thanks to brighter economic prospects as exports and tourism continue to grow, according to a recent survey.
Vietnam ranks the fifth most optimistic country globally with an index score of 117 in the latest Consumer Confidence Index released by Nielsen, its highest score in the past five years and up five points from the last quarter of 2016.
Vietnam’s Consumer Confidence Index (CCI) was 91 points in the second quarter of this year, six point higher than the same period last year, according to a Vietnam Taylor Nelson Sofres Company survey.
The ANZ-Roy Morgan Vietnam Consumer Confidence Index slid 4.9 points to 133.7 in August over July, caused by weaker sentiment across all components in a monthly survey.
Reversing the earlier trend, the Vietnam Consumer Confidence Index declined to 104, a decrease of 8 percentage points from the first quarter and the biggest quarterly decrease in Asia Pacific.
