MANILA, Philippines — Investments approved by the Board of Investments (BOI) are on track to reach the P680-billion target this year following a 27 percent increase in project approvals in the first semester and the expected influx of big-ticket projects in the second half. BOI managing head Ceferino Rodolfo said in a statement yesterday the […]
Read MoreThe Hanoitimes – Saigon Beer Alcohol Beverage Corp (Sabeco)`s shareholders approved a new board including seven members, of which four were nominated by ThaiBev – controlled by tycoon Charoen Sirivadhanabhakdi through its local unit Vietnam Beverage. The board of Sabeco has elected Neo Gim Siong Bennett as its new CEO for the 2018 – 2023 period […]
Read MoreThe high-speed railway set to link Don Mueang, Suvarnabhumi and U-Tapao airports will open in mid-2024 at the earliest, State Railway of Thailand (SRT) acting governor Voravuth Mala said Monday. The government had earlier expected the 200-billion-baht megaproject to be open by 2023. The interim rail chief made the comments after a scheduled first meeting among […]
Read MoreTHE BAHT is expected to reverse course in the next few months, and the central bank is likely to raise the key interest rate in September, Tim Leelahaphan, an economist at the Standard Chartered Bank Thailand, has forecast. Closely monitored risk factors to the economy include trade tensions and the impact of the boat tragedy […]
Read MoreEconomists and deputy minister don’t think country will be adversely affected THE WORLD’S second-largest economic juggernaut is now walking a thin tightrope – economically speaking that is. Touted as one of the fastest-growing economies post-millennium, China has been witnessing rising internal and external headwinds in recent times, even as its economic growth in 2017 outperformed […]
Read MoreMANILA, Philippines — Economists of private banks expect higher inflation over the next three years amid higher and volatile global oil prices, weak peso, and the effects of the implementation of the tax reform program. A survey conducted by the Bangko Sentral ng Pilipinas (BSP) showed higher mean inflation forecasts of 4.5 percent for this […]
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