Tourist numbers in Southeast Asia increased by 10% in the first four months of 2018, the largest such growth of any region in the world, according to a recent report by the United Nations World Tourism Organisation (UNWTO) The steep increase in the region far exceeds the international average of 6% and has put Southeast […]
Read MoreKUALA LUMPUR, July 9 (Reuters) – Malaysia’s central bank is expected to leave its benchmark interest rate unchanged at a meeting on Wednesday, as growth remains firm and a short-term dip in inflation is expected after the new government removed a much-maligned consumption tax. All 10 economists polled by Reuters forecast that Bank Negara Malaysia […]
Read MoreSINGAPORE (Nikkei Markets) — Southeast Asian currencies have had a rough year so far but the pressure on them could ease in coming months as trade tensions settle, returning focus to the region’s strong growth prospects and the fundamentals weighing on the U.S. dollar. Many banks say that the outlook is positive for the Singapore […]
Read MoreSiam Commercial Bank’s research unit, the Economic Intelligence Center (EIC), expects policymakers to adjust the inflation target to better reflect changing economic circumstances so it can remain an effective instrument in determining monetary policy movement. Even though headline inflation has entered the lower end of the Bank of Thailand’s target inflation range since April after staying […]
Read MoreThe Hanoitimes – Vietnam`s new policies encouraged domestic automobile assembling companies to expand operations and improve productivity. The use of effective policies in the automobile sector since the beginning of 2018 has boosted the production and assembling of automobiles and better controlled imported vehicles in first half of the year. One of the policies is the […]
Read MoreAN escalation of the trade conflict between the US and China will “significantly impact” Singapore’s open economy, Minister for Trade and Industry Chan Chun Sing has warned. Speaking in Parliament on Monday, he said that while the net impact of the current US-China trade tiff on the Singapore economy and its workers is “likely to […]
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Thailand
