Consumer spending in August weakened, as the real earnings of non-farm labour remained in the contraction territory, according to the central bank. Veerathai Santiprabhob, governor of the Bank of Thailand (BOT), said the central bank had forecast an economic growth of 2.8 per cent this year, which is below the country’s growth potential. However, he […]
Read MoreBANGI: The registration process for foreign digital service providers with the Royal Malaysian Customs Department started on Tuesday in preparation for next year’s implementation of digital service tax, said Deputy Finance Minister Datuk Ir Amiruddin Hamzah. The Finance Ministry according to him, was confident that foreign companies would cooperate and register to safeguard their reputation. […]
Read MoreThe National Bank of Cambodia (NBC) continues to call on financial institutions in the Kingdom to put policies in place to promote green finance and friendly investments, it said on Thursday. This comes after the Swiss-based Bank for International Settlements (BIS) on the same day launched an open-ended fund for central bank investments in green […]
Read MoreBaht speculation has been declining after the central bank’s recent measures to manage local currency movement and a policy rate cut, says the Bank of Thailand. Foreign portfolio investment registered net outflows over the past few months, in line with lower Thai government bond yields. Offshore net outflows in debt securities were registered at US$655 […]
Read MoreDESPITE Singapore’s economic slowdown and downside risks ahead, private home prices rose for the second consecutive quarter, with at least one analyst saying this might prompt the government to respond with more cooling measures. The Urban Redevelopment Authority’s (URA) flash estimate for the third quarter of 2019 shows that its overall price index for private […]
Read MoreMANILA, Philippines — Inflation may decline to as low as one percent in September from 1.7 percent in August with the higher oil prices due to the attacks in Saudi Arabia oil facilities as well as the impact of the African Swine Fever (ASF) outbreak seen to have minimal impact on consumer prices, according to […]
Read More
Thailand
