JAKARTA: Foreign direct investment (FDI) into Indonesia rose 14% in rupiah terms in the first three months of 2021 on the year, data from investment board BKPM showed on Monday. FDI stood at 111.7 trillion rupiah ($7.72 billion) for the period from January to March, it added. Including domestic investment, total direct investment in the […]
Read MoreThe State Bank of Vietnam (SBV) will keep a proactive and flexible monetary policy based on market developments and forecasts for the macro-economy, SBV deputy governor Dao Minh Tu told a meeting on April 22. This monetary policy is meant to control this year’s inflation within the targeted ceiling of about four per cent, support […]
Read MoreThe fresh wave of Covid-19 has severely affected tourism and hospitality businesses in Thailand with occupancy rates at domestic hotels dropping to 5-30 per cent, forcing many operators to sell their businesses to cut losses, said Thammajak Leuangprasert, president of Arjarnnar Asset Management Group. “Some hotels affected by the outbreak for more than a year […]
Read MoreMANILA, Philippines — The Duterte administration’s budget deficit swelled to its widest monthly level this year so far in March, hurt by a latest collapse in revenues likely to persist as the government awaits returns from lower tax rates while the pandemic bill explodes without signs of a compelling economic revival. The bad news is there are […]
Read MoreBitcoin Cash (BCH) brings sound money to the world, fulfilling the original promise of Bitcoin as “Peer-to-Peer Electronic Cash”. Merchants and users are empowered with low fees and reliable transactions. Since digital payments and cryptocurrencies have taken over the investment market. Bitcoin Cash is gaining popularity in Thailand, as people are looking forward to reaping […]
Read MoreMore than 80 per cent of Thai organisations surveyed by PwC recently said they were hit adversely by the Covid-19 pandemic, while the report indicated that successful crisis recovery hinges on improving resiliency. The Thailand part of PwC’s “Global Crisis Survey 2021” – a global survey of 2,814 business leaders in 73 countries – explores […]
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