HANOI — The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is expected to help raise Vietnam’s gross domestic product (GDP) by 1.3 per cent, according to an official from the Ministry of Planning and Investment (MPI). The number may amount to 2.1 per cent if there are more open policies for services, Tran Toan Thang, director […]
Read MoreSiam Commercial Bank’s Economic Intelligence Center (EIC) is less bullish than before about the economic outlook in 2019, downgrading its GDP growth forecast to 3.8% amid increasing uncertainty on the domestic and overseas fronts. Thailand’s outbound shipments are estimated to grow at a slower pace of 3.4% in 2019, down from 7% projected for last year, […]
Read MoreSingapore has been recognised has one of the top countries breaking new ground. The city-state is among 16 countries listed as 2019 Innovation Champions by the Consumer Technology Association (CTA), which organises Consumer Electronics Show (CES), one of the world’s largest annual consumer electronics trade shows. CTA’s International Innovation Scorecard, released on Tuesday (Jan 8), placed […]
Read MoreThe Finance Ministry has authorised operating licences for four digital asset businesses and denied licences for two businesses seeking to become authorised exchanges. The three businesses approved as authorised digital asset exchanges are Bitcoin Co (bx.in.th), Bitkub Online Co Ltd (bitkub.com) and Satang Corporation Co Ltd (satang.pro), while Coins TH Co Ltd (coins.co.th) has been approved […]
Read MoreMANILA, Philippines — Money supply growth slightly accelerated in November 2018, driven by the growing demand for credit, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. Preliminary data from the BSP showed that domestic liquidity, also known as M3, grew by 8.4 percent to P11.25 trillion in November 2018 from the P10.38 trillion recorded in […]
Read MoreThe government is in talks with private companies that have expressed interest in constructing solar panels for houses and other buildings, as the government does not allocate funds for such projects. The cost to install a solar panel is estimated at Rp 27 million (US$1907) per unit for one that produces between 1.6 and 1.7 kilowatt (kW) […]
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Thailand
