MANILA, Philippines — The flow of remittances to the Philippines is seen to further grow by 23 percent and eclipse last year’s record, making it the third largest remittance volume worldwide this year, the World Bank said in a report. Based on the latest edition of the World Bank’s Migration and Development Brief, the Philippines […]
Read MoreDespite 2017’s upbeat growth prospects, exports are tipped to expand at a slower pace next year because of volatile crop prices and rising geopolitical tensions hitting global trade, says Kasikorn Research Center (K-Research). The continued price volatility of agricultural products, which account for 20% of exports, is likely to take a toll on 2018’s export […]
Read MoreThe rapid normalisation of monetary policy in advanced economies could create risks for highly leveraged developing countries, including Thailand, warns the World Bank. “There’s a possibility the normalisation could happen quickly, coupled with the high level of private sector debts in major economies in this region, and this could lead to some risks,” said Sudhir […]
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Thailand
