MANILA, Philippines – The strong economic expansion in the second quarter gives monetary authorities flexibility to keep an accommodative monetary policy stance, according to the Bangko Sentral ng Pilipinas. BSP Deputy Governor Diwa Guinigundo said the growth rate in the second quarter promises to be sustainable despite being in the lower end of the 6.5 […]
Read MoreTHE Immigration and National Registration Department (INRD) recently launched its ‘Smart Q’ pilot project system – a system that could mean lining up in long queues to apply for or renew an identification card (IC) could be a thing of the past. The ‘Smart Q’ system is a joint venture project between INRD and Rhymin & […]
Read MoreCentral Group of Companies, the country’s leading retail and property developer, will spend 17 billion baht to expand its operations in Vietnam over the next five years. Philippe Broianigo, chief executive of Central Group Vietnam, said the budget will be used to expand all businesses the group has set up there, particularly food and electronics. […]
Read MoreSIAM Cement Group (SCG) yesterday confirmed it will join with state enterprise PetroVietnam in a US$5.4 billion petrochemical project, just as the Vietnamese prime minister was inviting Thai investors to be strategic partners in his country’s liberalisation of the economy. In his keynote speech at the Vietnam-Thailand Economic Cooperation Forum, Nguyen Xuan Phuc said yesterday […]
Read MoreLocal small- and medium-size enterprises (SMEs) met with government officials yesterday and accused them of not doing enough to support domestic products against a flood of imports while multiple officials claimed that they could provide little assistance unless businesses were properly registered. The second annual private-public sector workshop was designed to discuss the challenges SMEs […]
Read MoreInternational tourist arrivals in Thailand rose 4.8% in July from a year earlier, led by visitors from China, Malaysia, Laos, Korea and India, the tourism and sports ministry said on Friday. Foreign arrivals stood at 3.1 million in July, the ministry said in a statement. For the seven-month period, arrivals were 20.4 million, up 4.47%. […]
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