Kasikornbank (KBank) has trimmed its forecast for the baht at the end of this year to 30.50 to the US dollar from 31, assuming the Federal Reserve will cut its policy rate twice during the rest of this year. Should the Fed further ease monetary policy as expected, liquidity across the world will increase and […]
Read MoreThe Asean-5 economies, namely Indonesia, Malaysia, Philippines, Singapore and Thailand, have all cut rates except Singapore with economists at Maybank Kim Eng forecasting that most of them will have to ease more in 2019. This comes on the back of news that the US Treasury 2-year to 10-year yield curve inverted this month for the […]
Read MoreKUALA LUMPUR: Malaysia aims to become the preferred destination for high-tech investment through Industry4WRD, says Deputy International Trade and Industry Minister Dr Ong Kian Ming (pix). He said the government also aims to be a comprehensive total solutions provider for advanced technology in the region. “With proper implementation, the government is confident that by 2025, we […]
Read MoreOn the heels of a dismal economic growth prediction this year and even the prospect of a looming recession, Singapore firms also may accumulate more bad debt as the Republic’s trade-dependent economy experiences ripples from ongoing Sino-US trade tensions, Bloomberg reported yesterday (27 Aug). Shaun Langhorne, restructuring lawyer and partner in Singapore at Hogan Lovells Lee & Lee, told Bloomberg that “a […]
Read MoreKampot will be the first province to have a ‘Food Street’, an area with dozens of vendors offering local delicacies as part of a government scheme. ‘Food Street’ is a government-sponsored programme to attract more tourists to Cambodia by enhancing access to high-quality and hygienic local dishes. The ‘Food Street’ in Kampot will be the […]
Read MoreBANGKOK, Thailand — A world of trade opportunities will open up at the Bangkok Refrigeration, Heating, Ventilation and Air-Conditioning 2019 (Bangkok RHVAC 2019) and the Bangkok Electric and Electronics 2019 (Bangkok E&E 2019). The trade fair will take place at the Bangkok International Trade & Exhibition Center (BITEC) from September 25 to 28. Potential industries […]
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