The central bank has not shut the door to further monetary policy easing if the economic situation is worse than expected, the governor said on Monday, calling next year’s growth outlook “disappointing.” Although the economy is expected to perform better next year than this year, its pace is still unsatisfactory and below potential, Veerathai Santiprabhob […]
Read MoreSINGAPORE’S headline inflation inched up while core inflation remained flat in November, largely in line with economist expectations. Headline inflation was at 0.6 per cent year on year in November, according to data released by the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) on Monday, higher than the 0.4 per […]
Read MoreThailand’s customs-cleared exports in November fell 7.39% from a year earlier, after falling 4.54% the previous month, the commerce ministry said on Monday. November’s export numbers came in worse than a Reuters poll forecast for a decrease of 4.5% in shipments, a main driver of Thai growth. Shipments to China rose 2.3% in November from […]
Read MoreThe baht’s heady gains are petering out, thanks to slowing growth and a central bank that’s bent on taming the currency’s strength. After clocking an 8% rise this year, Asia’s best-performing currency is losing momentum as easing US-China trade tensions damp its appeal as a haven. Falling yields on local bonds and equity outflows are […]
Read MoreBank Indonesia (BI) will further slash the nation’s benchmark interest rate by 50 basis points (bps) in 2020 to stoke economic growth amid weak domestic demand that had been dragged down by a slowdown in investment, according to projections by Fitch Solutions Macro Research. The central bank maintained its policy rate, the seven-day reverse repo […]
Read MoreThe Ministry of Commerce is exploring the possibility of issuing new trademarks to cover more agricultural goods. Op Rady, director of the Department of Intellectual Property of the Ministry of Commerce, told Khmer Times that four products are currently candidates for geographical indication (GI) status or collective trademarks. The products are Pursat Orange, Preah Vihear […]
Read More
Thailand
