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Mobile phone users in China increased to 1.02 billion

Chinese citizens are increasingly relying on mobile phones as a primary method of communication, according to data released by the Ministry of Industry and Information Technology on Friday. The number of mobile phone users in China increased by 32.57 million to 1.02 billion in the first quarter of this year, the ministry said.

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Chinese citizens are increasingly relying on mobile phones as a primary method of communication, according to data released by the Ministry of Industry and Information Technology on Friday. The number of mobile phone users in China increased by 32.57 million to 1.02 billion in the first quarter of this year, the ministry said.

Of the mobile phone users, the number of subscribers to third-generation services expanded by 23.64 million to 152.06 million during the period. Meanwhile, fixed-line subscribers dropped by 1.08 million in the first three months. The business revenues of the country’s telecommunications industry rose by 10.2 percent year-on-year to 250.5 billion yuan ($39.76 billion) during the period. The rise was 0.8 percentage points higher than the growth rate registered in 2011.0

During the period, the industry’s service prices dropped 6.1 percent from a year earlier, with fixed-line services and mobile services down 4.6 percent and 6.4 percent, respectively. Read More

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Business

Large Shopping Malls in Bangkok Will Be Closed until July 25th

Shopping malls under the Mall Group, including all branches of The Mall, the Emporium, Emquartier and Paragon Department Store, are also closed for 14 days, from today, except for supermarkets, food courts, pharmacy shops, eateries (take-out and delivery only), banks, mobile phone shops and vaccination sites.

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BANGKOK (NNT) – Large-scale shopping malls in Bangkok and in some dark-red zone provinces are now closed for two weeks, to comply with the latest COVID-19 curbs in 10 provinces.

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Business

Downside risks loom for Thai economy due to Prolonged COVID-19 Outbreak

The most important issue for the Thai economy at present would be the procurement and distribution of appropriate vaccines adequately and timely.

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The Bank of Thailand (BoT) has revealed that Thailand’s economy faces significant downside risks, because a prolonged COVID-19 outbreak could cause the economy to underperform the baseline projection, squeezing business liquidity and slowing employment.

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