The Thai economy may fare better than expected, helped by recovering domestic consumption and exports, says the Fiscal Policy Office (FPO). Kulaya Tantitemit, acting director-general of FPO, said the Thai economy should contract less than the 7.7% the office projected in October because economic conditions are improving, as indicated by the GDP in the third […]
Read MoreAs commuters shun public transport and look to keep fit during pandemic- induced lockdowns, the demand for bicycles has skyrocketed, giving some Cambodian industries a much-needed break. According to the Ministry of Commerce, more than 1.5 million bicycles were exported as of the end of the third quarter this year, bringing in some $400 million […]
Read MoreJAKARTA: Indonesia’s central bank is expected to keep its key interest rate unchanged at the year’s final policy meeting on Thursday, having cut five times and launched massive quantitative easing (QE) to fight the impact of the pandemic, a Reuters poll showed. Eighteen of 22 analysts in a Reuters poll forecast Bank Indonesia (BI) will […]
Read MoreYANGON: Investment capital of over US$199mil from permitted foreign enterprises have entered Myanmar in the first two months of the present fiscal year 2020-2021 which started in October, according to figures issued by the Directorate of Investment and Company Administration (DICA) yesterday. From Oct 1,2020 to Nov 30 of this fiscal year, the Myanmar Investment […]
Read MoreRESALE prices of non-landed private homes in Singapore rose for the fourth straight month in November, according to flash figures from real estate portal SRX Property on Tuesday. Overall prices were up 0.3 per cent from October 2020, and up 1.3 per cent from November 2019. All regions saw price increases in November 2020. Month […]
Read MoreIn just over two weeks, the year 2020, which has been severely hit by the pandemic will come to an end, and with that, hope that the year 2021 will bring scope for economic improvement, especially from the likely availability of anti-COVID vaccines. In October, the Asian Development Bank (ADB), World Bank, and Cambodian government […]
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Thailand
