World

TTB Analytics forecasts that Songkran holiday spending will fall by 13.5% year-on-year to 36 billion THB (1.05 billion USD).

Vietnamese exporters of fresh and chilled fruits and vegetables are encouraged to stay abreast of the new system, maintain close communication with their Singaporean counterparts.

US President Donald Trump announced a 90-day suspension of reciprocal tariffs on more than 75 trading partners ; for China alone, tariffs will increase by a total of 125%.

In 2024, the output of agricultural products in the Northeastern region accounted for 20–60% of Cambodia's total production

Deputy government spokesman Anukul Prueksanusak has cited findings from a recent consumer behaviour survey conducted by the University of the Thai Chamber of Commerce.

Malaysian Prime Minister Anwar Ibrahim urged members of the Association of Southeast Asian Nations (ASEAN) not to underestimate the issue, particularly amid the current global economic and political uncertainties.

The most immediate impact of Trump’s tariffs will be inflation, both in the US and worldwide. As import costs rise, businesses will pass these costs onto consumers, driving up prices.

Minister of Tourism and Sports Sorawong Thienthong said that a tourism risk and crisis management team will be established to support the industry, with representatives from organisations in the tourism supply chain.

The UN Resident and Humanitarian Coordinator a.i. in Myanmar Marcoluigi Corsi, reported that aid initiatives are proceeding smoothly without significant obstacles.

Financial institutions continue to provide normal services for both retail and corporate clients, Deputy Governor of the the Bank of Thailand Roong Mallikamas said on March 31, describing the impact as a “short-term shock".

Following an assessment of the situation after the recent earthquake, the TAT reported that conditions in Bangkok and other regions had returned to normal.

"ASEAN reaffirms its solidarity with the families and communities affected by the earthquake and its impact," ASEAN said in a statement, extending its deepest sympathies and condolences to the people of Myanmar and Thailand.