Thailand’s border and transit trade value increased by 19.3% year-on-year to 384 billion baht in the first quarter this year, driven mainly by trade with Malaysia and rising demand for Thai rubber. Transit trade refers to the transport of goods through more than one country. Of the total figures, exports from Thailand totalled 226 billion […]
Read MoreKUALA LUMPUR: HSBC Global Research expects Bank Negara to keep the Overnight Policy Rate at 1.75% at its third Monetary Policy Committee meeting on Thursday. In a research note yesterday, its chief economist for Asean, Joseph Incalcaterra, said despite downside risks to Bank Negara’s economic growth forecast, there was a high bar for further monetary […]
Read MoreMinister of Construction Nguyen Thanh Nghi said the ministry will change the policies related to the development of affordable housing by adopting a new mindset. Speaking recently at a conference on the ministry’s work in the first quarter and discussing tasks in the second quarter, he said one of the key tasks is management of […]
Read MoreThe Ministry of Commerce will continue its campaign to sell goods at below-market prices in blocked off areas in Phnom Penh, even as the capital and Kandal province’s Takmao town emerge from lockdown at the outset of May 6, according to ministry spokesman Pen Sovicheat on May 4. The remark comes a day after Prime […]
Read MoreMANILA, Philippines — Foreign borrowings approved by the Bangko Sentral ng Pilipinas (BSP) continued to climb, rising by 19 percent to $2.84 billion in the first quarter from $2.38 billion in the same period last year due to COVID-related spending. Almost a third or $900 million of the total foreign borrowings went to the government’s […]
Read MoreKUALA LUMPUR: Malaysia is in a strong position to ride a vaccine-led global economic recovery once the domestic Covid-19 situation is under control, according to the Asean+3 Macroeconomic Research Office (AMRO). “Increasing coverage of ongoing vaccination programmes globally bodes well for a broader pick-up in global demand andMalaysia’s external sector, ” it said in its […]
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Thailand
