The Bank of Thailand has acknowledged the baht’s rapid climb against the US dollar recently, a movement that it says warrants close monitoring. “Even though the baht’s strengthening is in tandem with the movement of other currencies in the region, the baht in the recent period has gained in value rather fast,” said Mathee Supapongse, the […]
Read MoreKUALA LUMPUR: Malaysia’s capital market increased 9% to RM3.1 trillion in the first six months of this year and is now ranked fifth in Asia, relative to the gross domestic product (GDP), Prime Minster Datuk Seri Najib Tun Razak said. He said Malaysia is also home to the largest number of listed companies in Asean […]
Read MoreThe Mandalay region is set to achieve its US$600 million foreign direct investment (FDI) target for 2017-18. FDI in April-June has already exceeded US$582 million, which is around 90 per cent of the target, data released by the Mandalay Region Investment Committee showed. Under the new Myanmar Investment Law enacted in Oct 2016, Region and State investment committees have been given […]
Read MoreHANOI — How to mobilise idle foreign currency and gold from locals to invest in business and production has become a hot issue recently, with the Government last week once again asking the State Bank of Vietnam (SBV) to consider proposals. At a working session with SBV last week, Government Office chairman Mai Tien Dung said the Prime Minister […]
Read MoreMANILA, Philippines – The national government’s fiscal deficit widened in the first half due to lower than expected revenue during the period, the Bureau of the Treasury (BTr) reported yesterday. According to the latest cash operations report of the Treasury, the budget deficit in the first semester rose 28 percent to P154.5 billion from the […]
Read MoreSINGAPORE (BLOOMBERG) – Alibaba Group Holding is in talks to make a major investment in Indonesia’s PT Tokopedia, people familiar with the matter said, potentially scoring a second deal to accelerate its expansion into Southeast Asia’s largest economy. The Chinese company is in negotiations to lead a funding round in Indonesia’s largest online marketplace of […]
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Thailand
