The upside gain for the baht, Asia’s strongest performing currency this year, is limited after rallying since the beginning of this month, propelled by the escalating trade tension between the US and China, says a senior official at Kasikornbank (KBank). The baht’s appreciation is expected to continue until the end of this month because of continuing […]
Read MoreNDO – A cooperation agreement was inked between the Vietnam Business Association for Cooperation and Investment in Laos (Viet-Lao BACI) and the Young Entrepreneurs Association of Laos (YEAL) in Vientiane on May 14. Among attendants were Vietnamese Ambassador to Laos Nguyen Ba Hung, Deputy Secretary of the Lao People’s Revolutionary Youth Union (LPRYU) Central Committee […]
Read MoreCambodia and Thailand have recently begun negotiations on the cross border transportation of people and goods after their railways where connected in April. For in depth analysis of Cambodian Business, visit Capital Cambodia The two sides met to discuss checks at the border, according to Kun Nhim, director general of customs and excise at the Ministry […]
Read MoreBank Indonesia (BI) will keep its interest rate unchanged amid rising uncertainties in the global financial market, adopting a monetary policy stance it called “cautious neutral” and “data dependent”. After a two-day board of governors meeting, the central bank maintained its policy rate – the seven-day reverse repo rate – at 6 percent, a level […]
Read MoreTHAILAND is emerging as a fast-growing market for the adoption of digital technology by the country’s organisations and enterprises, a research company says. IDC expects that the performance of Thai organisations and enterprises will be measured by what it calls digital determination over the coming years. Jim Chin, the head of operations at IDC Thailand, […]
Read MoreTHERE has been much debate over recent quarters about whether the Bank of Thailand should increase its policy rate from 1.75 per cent to 2 per cent. Advocates of an increase often cite moderating financial instability and the need to generate wider policy space as underlying reasonings. However, considering both the internal and external economic […]
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