Kasikornbank (KBank) sees the baht rising to 29.25 against the US dollar at the end of 2020, pointing to the US’s structural problems and external uncertainties. The baht is expected to march past 30 to 29.75 versus the dollar in the first half of next year, up from 30.50 predicted at the end of this […]
Read MoreThe internet economy is rapidly growing in Indonesia amid an increase in the use of digital payments across Southeast Asia’s largest economy. According to Google Indonesia’s “2019 Year in Search Indonesia: Insights for Brands” report, the rapid growth in the country’s e-money adoption has been greatly affected by five major country trends, which include e-money […]
Read MoreSINGAPORE’S private residential prices appear to have decoupled since 2013 from the global chase for yields, a fresh study by the IMF showed. This is as macroprudential measures undertaken by the Singapore regulators in recent years targeted foreign buyers and speculators – the pacemakers behind the asset chase on Singapore properties, said the study, which […]
Read MoreThe Hanoitimes – In spite of huge demand, the inefficient legal framework is making the process of land grouping difficult for all parties involved. Institutional barriers are restricting the development of Vietnam’s farmland market, failing to turn land into a major source of growth for the agriculture sector, according to Bui Thi Minh Dung, expert from […]
Read MoreCambodia’s economy remained robust, underpinned by solid export performance and strong domestic demand, even as real growth is expected to decelerate to 7.0 per cent this year from 7.5 per cent last year, the latest World Bank Cambodia Economic Update said on Wednesday. Garment and footwear exports, which account for around 70 per cent of […]
Read MoreThe Financial Regulatory Department today awarded licences to five foreign insurers and half a dozen joint ventures to operate in the Myanmar market. British Prudential, Japanese Dai-ichi Life, Hong Kong AIA, US Chubb and Canadian Manulife have been permitted to issue life insurance policies in Myanmar with their fully-owned subsidiary, more than half a year […]
Read More
Thailand
