The Hanoitimes – Infrastructure development is a long-term business and which not only needs good, transparent and rapid decision-making mechanism for a project to start, but also the one where unexpected behavior changes in either the state or the corporate partner can have dire consequences, according to experts. A number of foreign businesses organizations have raised […]
Read MoreThe Bank of Thailand is set to implement measures to curb hot-money inflows after the baht recently rallied to a more than six-year high. The central bank has been closely monitoring offshore fund inflows, especially those parked in Thai short-end bonds, said assistant governor Titanun Mallikamas. The fund flows could be for both speculative and […]
Read More[SINGAPORE] Singapore’s economy will probably experience a “shallow technical recession” in the third quarter as the global trade outlook worsens, according to Maybank Kim Eng Research. The escalating US-China trade conflict is weighing on Singapore’s export-reliant economy, which Maybank expects will grow 1.3 per cent this year, down from a previous projection of 1.6 per cent […]
Read MoreOnly 5.2 per cent of 10,000 discarded packs of cigarettes were found to be untaxed, a survey by Philip Morrisan, the American-based multinational cigarette and tobacco manufacturing company, has found. The company said in a press release on Wednesday the results were part of its latest Thailand ‘Empty Pack Survey’ which was conducted to determine […]
Read MoreThe Bank of Thailand kept the policy rate steady for a fourth straight meeting yesterday but painted a bleak outlook by trimming the country’s economic and export growth forecasts for the year. The seven-member Monetary Policy Committee (MPC) voted unanimously to leave the policy rate unchanged at 1.75% as widely expected amid easing signals from […]
Read MoreMANILA, Philippines — The Insurance Commission (IC) is now allowing insurance firms and pre-need companies to invest in real estate investment trusts (REIT), providing them opportunities to diversify their investments and improve earnings. On June 21, Insurance Commissioner Dennis Funa issued IC Circular Letter 2019-27, which qualifies REIT as admitted asset for insurance companies and […]
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Thailand
