Energy policymakers will raise the 30-baht-per-litre cap on diesel if oil prices exceed US$90 per barrel, the energy minister says. The Energy Policy Administration Committee (Epac) is considering whether to carry on with capping the diesel price below 30 baht per litre, as forecasts see global oil prices continuing to rise. On Tuesday, Brent crude hit […]
Read MoreThe Hanoitimes – Vietnam will maintain its policy of encouraging foreign investments, stated Prime Minister Nguyen Xuan Phuc. After three decades of economic reform, the foreign direct investment (FDI) sector remains an indispensable part of Vietnam’s economy, Prime Minister Nguyen Xuan Phuc has asserted. As of present, Vietnam has attracted 26,500 foreign invested projects from 129 […]
Read MoreThe Hanoitimes – According to BIDV Securities Company (BSC), fuel and food prices would have the biggest impact on inflation. Vietnam’s inflation rate may reach 3.8% in 2018, BSC has said in a note, higher than 4.3% recently projected by Ho Chi Minh City Securities Corporation (HSC). According to BSC, fuel and food prices would have […]
Read MoreThe rupiah fell to its weakest in more than 20 years on Tuesday (02/10) and other emerging Asian currencies also slid as the dollar held its overnight gains rooted in the striking of a revised North American trade pact. Appetite for the dollar was underpinned by US Treasury yields, which rose modestly on Monday. “The […]
Read MoreReal estate agents in Mandalay said property prices in some of the region’s less populated areas have fallen by half and transactions are almost non-existent. Due to unexpected currency fluctuations, interest in the property market has dropped drastically and property agents are now focusing on properties below K100 million rather than higher-value deals, said U […]
Read MoreThe Singtel Group on Tuesday debuted VIA, its cross-border mobile payment alliance with regional associate Advanced Info Service (AIS) and additional launch partner Kasikornbank (KBank), Thailand’s largest digital bank. Singapore-based Singtel, AIS and KBank will now offer QR code-based mobile payments through mobile wallets – Singtel Dash, AIS GLOBAL Pay and Rabbit Line Pay – […]
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Thailand
