Thailand’s baht currency is still moving in line with economcic fundamentals and regional peers, the central bank governor said on Thursday, as the baht hovered near more than 29-month highs against the dollar. Thailand’s external position is strong enough to cope with rises in US interest rates, Veerathai Santiprabhob told reporters. The baht has strengthened […]
Read MoreExports set a new monthly high at US$21,812 million in September, rising 12.2% year-on-year, and export growth in the first nine months of the year peaked was the best in six years. Commerce Minister Apiradi Tantraporn said on Thursday the value of exports in September was the highest on record. Exports had now grown for […]
Read MoreHANOI – It’s time Vietnam shift its attention to quality and sustainable development and eye industry 4.0 technologies to attract foreign direct investment (FDI), experts said at an online dialogue on FDI promotion strategies organised on Tuesday in Hanoi. Three decades since the Law on Foreign Investment was issued in December 1987, FDI has become […]
Read MoreThailand’s 95-billion-baht direct sales market is expected to intensify next year as the proliferating digital platform has dismantled entry barriers and opened the market to more competitors. The booming online business and the growing digital wave in Thailand have made it easier for new companies to enter the direct sales market this year, said Suchada […]
Read MoreMyanmar’s policy for taxing digital advertisements is lagging behind technology advancement in the country. Therefore, new policies enabling the collection of taxes from online and social media platforms should be implemented as soon as possible to raise the government’s revenue, officials from Internal Revenue Department and businessmen told Facebook, which was introduced in Myanmar in […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is set to gradually reduce banks’ required reserves in tandem with capital market reforms. BSP Governor Nestor Espenilla Jr. said on the sidelines of the 43rd Philippine Business Conference and Expo yesterday that the central bank is set to reduce the reserve requirement ratio (RRR), currently […]
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