The baht continued to weaken, trading at 31.70 to the US dollar in Monday morning trade, amid concerns over the coronavirus spreading outside China. Kasikorn Research Centre said that the baht had weakened along with the yuan and other regional currencies amid concerns about the Covid-19 outbreak, after there was an increase in Covid-19 infections […]
Read MoreMYANMAR, Cambodia and the Philippines pose the highest risks for alternative lending models in South-east Asia, a peer-to-peer funding platform has said in a ranking of regional opportunities, but it pegged Indonesia as a promising market for growth. Still, with a business model aimed at under-banked clients, Latvia-based Robocash – which also has offices in […]
Read MoreSINGAPORE inflation missed industry forecasts in January, hampered by a sharper fall in the cost of retail and other goods, according to consumer price index (CPI) data out on Monday. Core inflation, a central bank metric that excludes private transport and accommodation costs, was 0.3 per cent – slowing from the 0.6 per cent clocked […]
Read MoreYANGON, Feb. 23 (Xinhua) — Myanmar’s Yangon Region Investment Committee (YRIC) recently approved 16 foreign investment businesses for the region, according to the Directorate of Investment and Company Administration (DICA) late Saturday. A total of 28.507 million U.S. dollars of foreign investments from China, Seychelles and Estonia as well as 3 billion Kyats (2 million […]
Read MoreThe EU has expressed interest in pursuing a number of free trade agreements (FTAs) in the region, not only with Thailand but eventually with Asean as a whole, says EU-Asean Business Council Chairman Donald Kanak. While Thailand and the EU have engaged in exploratory talks about a potential FTA, there has been no announcement about […]
Read MoreWHILE production has resumed for the manufacturing sector in China, analysts are expecting slow recovery for Singapore-listed companies with facilities there. In order to contain the Covid-19 outbreak, Chinese authorities had extended the week-long Chinese New Year holidays with businesses only allowed to resume operations in their Chinese facilities from Feb 10. The authorities also meted […]
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Thailand
