Despite 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 […]
Read MoreBRUNEI Shell Marketing Company Sdn Bhd (BSM) yesterday reassured the public the country’s supply of petrol is sufficient and that the delivery operation is being carried out as usual. BSM said this in a statement following the viral message on social media alleging that numerous filling stations were running out of petrol. The statement also […]
Read MoreThe Commerce Ministry is launching a “hybrid retailer” project to modernise small shops by adding new technology to help them reach a wider base, expecting to create market value of up to 40 billion baht a year. The move is part of a policy to support the local economy and link modernised hybrid retailers to […]
Read MoreHANOI — Vietnam’s enterprises feel positive about the business climate for the fourth quarter, according to the General Statistics Office (GSO) under the Ministry of Planning and Investment. The office reported that 52.6 per cent of enterprises in the domestic processing and manufacturing sector, participating in its survey on business trends, said that local business […]
Read MoreCommercial lenders have said the central bank’s requirement that banks and microfinance institutions (MFIs) increase the share of local currency in their loan portfolio to at least 10 percent by the end of 2019 could prove challenging to implement as their biggest clients exhibit a strong preference for deposits and loans in foreign currencies. The […]
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Thailand
