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Thailand: BoT preps more measures for baht

The Bank of Thailand plans to implement additional measures to help manage the baht’s appreciation in December as part of a push to forge a new foreign exchange ecosystem. The central bank expects to implement additional measures as a policy package to properly manage two-way movement of the foreign exchange rate, said Chayawadee Chai-Anant, senior […]

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ASEAN officials call for deepening regional cooperation

The 17th China-ASEAN Expo (CAEXPO) which concluded yesterday saw ASEAN officials and businessmen call for deepening regional cooperation and free trade. “The signing of the landmark Regional Comprehensive Economic Partnership (RCEP), the world’s biggest trade pact, will further facilitate free trade,” said senior ASEAN officials and businessmen. CAEXPO was held starting November 27 in Nanning, […]

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Malaysia: economic rebound of 6% next year

PETALING JAYA: The Malaysian economy is expected to rebound 6% in 2021, from a contraction of 5.5% this year. This is according to UOB Malaysia senior economist Julia Goh, who has forecast the economy to rebound next year as a result of government efforts to counter the effects of the Covid-19 pandemic, as well as […]

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