Asian emerging economies, particularly Thailand and others in Southeast Asia, are considered to be in a stronger position financially than their global peers to weather risks from rising US interest rates. Four of the top eight economies on a vulnerability index by Thailand’s Bank of Ayudhya Plc are from Southeast Asia, with only Indonesia falling […]
Read MoreCan Indonesia follow in the footsteps of China to become a force to reckon with in the digital economy? If it plays its cards right, it appears so. According to a report by UOB analysts, these are some factors that Indonesia has going for it: Strong startup scene: Indonesia’s four domestic-based unicorns Go-Jek, Traveloka, Tokopedia, […]
Read More(KPL) The compensation for the losses of people’s property and houses to pave the way for the development of the Vientiane Highway running parallel to the Kaysone Phomvihane Road has been estimated to be at least 40 million US dollars. Negotiation is underway between relevant authorities and potential affected families, Director of Natural Resources and […]
Read MoreTHE TRADE war between the US and China is expected to have only a slight impact on Thailand, according to Federation of Thai Industries (FTI) vice chairman Montri Mahaplerkpong. Despite the trade retaliation between US and China during the last four months, Thailand’s exports have continued to grow every month. Montri attributed that to the […]
Read MoreSmart Axiata last week started construction of a base transceiver station tower in Kampong Chhnang, a project that will widen the reach and increase the speed of mobile internet services in the Kingdom. Viettel, a Vietnamese mobile operator and the owner of Metfone, launched a base station in the same province last week. The two […]
Read MoreThe Hanoitimes – The SBV`s current reserve fund of nearly US$64 billion is expected to ease pressure on foreign currency supply in the market, according to a commercial bank`s representative.. Over the last week, the State Bank of Vietnam (SBV) has sold nearly US$2 billion to commercial banks in order to increase supply in the foreign […]
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Thailand
