SINGAPORE – The strong growth in foreign currency deposits in Singapore this year has come from a variety of sources – domestic, regional, and beyond the region. No single region or country dominates, said the Monetary Authority of Singapore (MAS) on Sunday (June 7), adding that media reports last week suggesting that there were large […]
Read MoreThe Hanoitimes – Following the ratification, the EVFTA would enter into force 30 days after the mutual notification between Vietnam and the EU about the completion of respective legal procedures. The National Assembly (NA) today [June 8] approved the EU – Vietnam Free Trade Agreement (EVFTA) with endorsement from 100% of 457 National Assembly deputies present. […]
Read MoreKhmer Times has found several bars that are getting around COVID-19 closures by changing their registration licences from “bar” to “restaurant” using surrounding food service menus and food app deliveries to justify the change. The allegations were investigated after several previous and well known “bars” reopened over the past month as “restaurants”, leaving authorities unable to […]
Read MoreMANILA, Philippines — Although inflation can be expected to remain stable, the Bangko Sentral ng Pilipinas (BSP) may slash policy rates anew by 25 basis points in the second half to support economic recovery amid the pandemic, according to the investment banking arm of the Metrobank Group. In its latest Market Call report, First Metro […]
Read MoreAfter the pandemic hammered spa and traditional massage parlours across the country during the two-month lockdown, operators are eager to serve the local market when allowed to resume services this month. As of May, there were 1,326 registered spa and massage businesses operating in Thailand, with 13 companies closed down, according to the Business Development […]
Read MoreThe consumer price index, a gauge of headline inflation, fell 3.44% year-on-year in May, the biggest decline in nearly 11 years, led by lower prices for energy and fresh produce and the government’s efforts to reduce living costs. This was the third straight month of declines after prices fell 2.99% in April and 0.54% in […]
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Thailand
