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Thailand: Stronger baht seen as fleeting

BANGKOK (Bangkok Post) – The strength of the baht, which last week leapfrogged the Korean won to become the best-performing currency in Asia against the US dollar in 2017, will be short-lived and is not a threat to exports in the second half of the year, says Thailand’s Finance Minister Apisak Tantivorawong. Mr Apisak pointed to […]

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Thailand: Stronger baht seen as fleeting

The strength of the baht, which last week leapfrogged the Korean won to become the best-performing currency in Asia against the US dollar in 2017, will be short-lived and is not a threat to exports in the second half, says Finance Minister Apisak Tantivorawong.  Mr Apisak pointed to two large foreign investments in Thailand in the […]

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Asean and the new cold war

Tomorrow will mark the 50th anniversary of the Association of Southeast Asian Nations (Asean). There will be celebrations to mark the golden jubilee, with plenty of dignitaries on hand as the event coincides with ministerial meetings that started last Wednesday and conclude tomorrow.  Manila is the host of the high-level talks including the Asean Regional Forum, […]

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Indonesia’s Q2 growth at 5.01% y-o-y, below expectation

JAKARTA, Aug 7 (Reuters) – Indonesia’s economy grew at the same pace in the second quarter as in 2017’s first period, below market expectations, statistics bureau data showed on Monday. Southeast Asia’s largest economy grew 5.01% in April-June from the same period last year, the bureau said, identical with the first quarter result. A Reuters […]

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‘Without Asean, we are nothing’

Chutintorn Gongsakdi, Ambassador of Thailand to India, reflects on the first 50 years of Asean and the challenges of the future in a conversation with MK Aftab of Diplomatist magazine  As one of the founding members of Asean, Thailand has played an important role in the first 50 years of its journey. What is your […]

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