[SINGAPORE] Ride-hailing giant Go-Jek has secured an investment from Siam Commercial Bank, the Thai lender that counts King Maha Vajiralongkorn as its biggest shareholder, according to people familiar with the matter. It’s unclear how much Thailand’s biggest bank is investing in Go-Jek, the people said, who asked not to be identified because the matter is […]
Read MoreThe Hanoitimes – The Provincial Competitiveness Index (PCI)’s 2018 report showed that there was no improvement in information transparency as many businesses still struggled with access to information. The Vietnam Chamber of Commerce and Industry (VCCI)’s statistics revealed that 70% of private enterprises in Vietnam are unable to access bank financing despite policies to promote […]
Read MoreRENTS for non-landed private properties continued to soften for the second straight month while they edged up again for HDB flats, according to flash data from real estate portal SRX Property. Condominium and private apartment rents dipped 0.2 per cent in June from May, after inching down per cent by the same rate in May. […]
Read MoreThailand’s exports are set to contract by 1.6 per cent year-on-year, due to the US-China trade conflict, predicted Siam Commercial Bank’s Economic Intelligence Centre (EIC) on Tuesday, The centre adjusted down their April export forecast of 2.7 per cent growth, to a new negative forecast of 1.6 per cent contraction. The EIC also adjusted down […]
Read MoreKUALA LUMPUR: The ringgit opened lower against the US dollar today, in line with most emerging Asian currencies, as investors shifted their attention towards the safe-haven currencies, said a dealer. At 9.20am, the local currency stood at 4.1410/1430 versus the greenback compared to 4.1390/1420 at yesterday’s close. The greenback according to him has continued its […]
Read MoreThe Hanoitimes – Private sector and commercial financing are among recommendations which the World Bank has made. The World Bank has identified financing needs and constraints for the electricity and natural gas sectors in Vietnam from 2018 through 2035 and outlines a roadmap for seizing these opportunities as the country has experienced double-digit growth in energy […]
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Thailand
