The US-Asean Business Council, an advocacy group that aims to foster economic growth and trade ties between the two regions, is calling for the Thai government to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and speed up its talks on joining the Regional Comprehensive Economic Partnership (RCEP). Commerce Minister Jurin Laksanawisit, who […]
Read MoreIndonesia’s external debt level was up about 10 percent year-on-year (yoy) in the second quarter due to a significant increase in government net borrowing. According to data released by Bank Indonesia on Thursday, the country’s foreign debt, which includes borrowing by the government and the private sector, rose 10.1 percent yoy to US$391.8 billion in […]
Read MoreAlipay is available for use by Lao and foreigners at the state-owned Lao Development Bank (LDB). The bank is also preparing to step up cooperation with international partners overseas and is expected to list on the Lao Securities Exchange at some point in the future. LDB has cooperated with China’s UnionPay and Alipay, both leading […]
Read MoreMANILA, Philippines — Dollar remittances from Filipinos working abroad declined in June after increasing for nine straight months, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. BSP Governor Benjamin Diokno said personal remittances decreased by 2.7 percent to a nine-month low of $2.54 billion in June from $2.61 billion in the same month last year. […]
Read MoreSINGAPORE: Singapore’s exports in July shrank for the fifth straight month, though the slump was slightly less severe than forecast, official data showed on Friday. Non-oil domestic exports (NODX) last month fell 11.2% year-on-year as shipments of electronics and pharmaceuticals declined, data from the trade agency Enterprise Singapore showed, compared with a revised 17.4% contraction […]
Read MoreRecruitment consultancy Robert Walters Thailand says the nation’s high- and mid-level workforce is insufficient, particularly in the 12 targeted industries of the flagship Eastern Economic Corridor (EEC). Natiya Saul, director for Bangkok and the Eastern Seaboard, said the corridor has been able to attract new investment for the 12 industries, but the country’s labour market […]
Read More
Thailand
