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Thai condo launches set for 20-year low as costs, demand and credit bite

May 05, 2026

Developers are urging state support as rising costs, fragile domestic demand and stricter lending are expected to cut 2026 launches to around 17,000 units.

Oil shock lifts EV interest as weak spending caps sales growth

March 25, 2026

Executives say rising oil prices may support EV momentum in the near term, but weak purchasing power and credit curbs continue to restrain the market.

Cuba more than quadruples dollar/peso exchange rate

THURSDAY, AUGUST 04, 2022

Cuba announced it will begin purchasing on Thursday dollars and other convertible currencies at nearly five times the current rate in an effort to undercut the informal money market and capture the funds.

Afghans purchasing power shrinks with freezing of assets by U.S.

SATURDAY, OCTOBER 30, 2021

Working as a porter at a market, 18-year-old Nazir said "poverty has gripped my life as I hardly earn 400 afghani currently, while a bag of 21.5-kg rice was 2,000 afghani a couple of months ago but today it is 2,500 afghani which is beyond the purchasing power of ordinary people."

Chinese submarine proposal fails to surface at Cabinet

TUESDAY, MARCH 28, 2017

Despite speculation, a proposal on the multi-billion purchase of Chinese submarines was not delivered to the Cabinet yesterday.

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Thai condo launches set for 20-year low as costs, demand and credit bite

Oil shock lifts EV interest as weak spending caps sales growth

Cuba more than quadruples dollar/peso exchange rate

Afghans purchasing power shrinks with freezing of assets by U.S.

Chinese submarine proposal fails to surface at Cabinet