Centara, a Thai hospitality group led by Suthikiati Chirathivat, board chairman (fourth from the right), has signed a memorandum of understanding with Asia Investment, Development and Construction Co Ltd (AIDC), an investment and construction company in Laos. The agreement paves the way for Centara to enter into management agreements for three hotels in Laos in […]
Read MoreMANILA, Philippines — The Philippines can boost trade with the US amid its escalating trade war with China as it looks for other sources of capital goods, the National Economic and Development Authority (NEDA) said. During the economic briefing for banks and other finance institutions late Tuesday, Socioeconomic Planning Secretary Ernesto Pernia said with the […]
Read MoreThe Energy and Mineral Resources Ministry expects to name the operators of seven oil and gas blocks, including four onstream blocks, in November. The four onstream blocks are South Jambi B, Selat Panjang, Makassar Strait and West Kampar, while the three exploration blocks are Banyumas, Andika Bumi Kita and Southeast Mahakam. “We have decided to […]
Read MorePETALING JAYA: Maybank IB Research has raised its 2018 and 2019 headline inflation rate forecasts to 1.0%-1.5% and 2.0-2.5% respectively. The research outfit said on Thursday that both headline and core inflation rates in January-August 2018 were subdued at +1.3% y-o-y and +1.1% y-o-y respectively. Given the year-to-date inflation rate, the end of “consumption tax […]
Read MoreThe Hanoitimes – Favorable stock market and positive economic growth have helped large banks to step up divestment from other peers to meet the central bank’s regulation on holding shares at other credit institutions. After success in divesting all stake holding in Orient Commercial Bank (OCB) recently, Vietcombank will put 53.4 million shares of Military Bank […]
Read MoreELIGIBLE holders of Thai international passports will be able to opt into the frequent traveller programme from Monday, Sept 24, onwards, the Immigration and Checkpoints Authority (ICA) said on Thursday. Thai passport holders who are part of the programme will be able to use the automated immigration clearance facilities at Singapore’s checkpoints. Currently, eligible holders […]
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