Thailand is expected to return to the pre-pandemic level of international arrivals of almost 40 million in five years, according to Finance Minister Arkhom Termpittayapaisith. Speaking at a seminar held on Wednesday by the Securities and Exchange Commission (SEC), he said the tourism sector is expected to recover gradually, with a great number of foreign arrivals […]
Read MoreKUALA LUMPUR: European and US companies have ranked Malaysia as the second most favourable South-East Asian country for opportunities to establish or expand sourcing, selling or operations over the next six to 12 months. According to a Standard Chartered study, “Borderless Business”, chief financial officers (CFOs) and treasurers in the United States, the UK, Germany […]
Read MoreMANILA, Philippines — The Philippines successfully raised the share of digital payments to 20 percent of retail transactions last year from only one percent seven years ago amid the shift in consumer behavior due to the quarantine measures brought about by the global health pandemic, according to the Bangko Sentral ng Pilipinas (BSP). BSP Deputy […]
Read MoreAs demand for self-built homes remains strong, particularly in the high-end segment, homebuilder Landy Home (Thailand) is aiming for sales growth of 15% to 2.4 billion baht this year. Pornrat Maneerattanaporn, the company’s deputy managing director, said demand for self-built homes is always strong regardless of the economic conditions. “Demand rose during the pandemic as […]
Read MoreThe Bank of Thailand (BoT) left its key interest rate unchanged at a record low on Wednesday, as widely expected, but slightly lowered its 2021 GDP growth forecast after a second wave of coronavirus infections hit economic activity. The economy continues to rebound but the risks remain high, the central bank said in a statement, […]
Read MoreThe Monetary Policy Committee (MPC) will likely keep its key interest rate unchanged on Wednesday at an all-time low to save limited policy space while also cutting its growth forecast for the year. All 25 economists surveyed by Bloomberg expect the Bank of Thailand’s commitee to keep the policy rate at 0.5% for a seventh […]
Read More
Thailand
