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Thailand’s economy grows faster than expected in Q4

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  Bloomberg Thailand’s economy grew faster than expected last quarter, buoyed by rising exports and tourist arrivals, firming its recovery as it faces risks this year from inflation and Omicron variant. Gross domestic product during October-December rose 1.9% from a year ago, the National Economic and Social Development Council (NESDC) said. That beat the median growth estimate of 0.8% in ...

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Korea exports stay resilient against Omicron headwinds

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  Bloomberg South Korea’s early trade figures offered signs that global demand remains robust in February even as the value of shipments rose by the smallest amount in almost a year. Exports advanced 13.1% in the first 20 days of the month from the previous year, led by semiconductors and oil products, the customs office reported. Overall imports rose 12.9%, ...

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India to see normal monsoon

  Bloomberg India’s monsoon, which irrigates more than half of the country’s farmland and is critical for economic growth, is likely to be normal this year, according to private forecaster Skymet Weather Services Pvt. This could mark a fourth straight year of normal monsoon, and is important because the June-September rainy season delivers as much as 90% of India’s annual ...

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