The Bank of Thailand is likely to cut the policy rate by 25 basis points a single time during the remainder of the year to prop up the moribund economy amid growing uncertainties, according to the Economic Intelligence Center (EIC), a research house under Siam Commercial Bank (SCB). Risks will prompt the Monetary Policy Committee […]
Read MoreCambodia and Laos will sign an agreement today under which the Kingdom will purchase 2,400 megawatts from its neighbour, with the first transfer scheduled for 2024. The power deal, which will be valid for 30 years, was approved yesterday by the Council of Ministers. Tomorrow’s signing ceremony will be presided over by Cambodian Prime Minister […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has strengthened its financial consumer protection framework in light of the increased complexity of financial products and rapid technological innovations in financial products and services. BSP Governor Benjamin Diokno has issued Circular 1048 stating that the Monetary Board has approved the revision of the framework issued […]
Read MoreMANILA, Philippines — The pipeline of projects approved by the Board of Investments (BOI) – the country’s main investment promotion agency – more than doubled in the first eight months, strengthening government’s claim that investors are not spooked by a proposed law which seeks to rationalize fiscal incentives. Investments registered with the BOI surged 126 […]
Read MoreBUILDERS, take note: Cement is expected to cost more in Malaysia by year-end, and the global softness in steel prices may not be felt by buyers either, according to research by UOB Kay Hian. That’s as demand for building materials bounces back on industry growth. The construction industry is expected to pick up this quarter on […]
Read MoreThe Hanoitimes – Products selected to be honored at the event are those meeting customers` requirements and capable of production expansion, while proving strong competitiveness against comparable products, creating jobs and steady sources of income for locals. The Agency for Regional Industry and Trade under the Ministry of Industry and Trade will honor 110 outstanding […]
Read More
Thailand
