Standard Chartered Bank expects Thailand’s gross domestic product to rebound in 2022 to around 3% from the forecast zero growth this year. The bank holds a positive view of the Thai economy next year, Tim Leelahaphan, economist at Standard Chartered Bank (Thai), said on Tuesday at the bank’s press conference on the Thai economy. He added […]
Read MoreJAKARTA : Indonesia’s central bank may stick to its current rules on downpayments for loans on property and vehicles until 2023 to ensure sufficient credit for businesses amid the recovery from the COVID-19 pandemic, Governor Perry Warjiyo said on Tuesday. Bank Indonesia will extend its “loose macroprudential policy” on vehicle and property loans until the […]
Read MoreVietnam is still seen as an attractive destination and the problems of 2021 do not mean that foreign investors will turn away, according to a recent report by Singapore Institute of International Affairs (SIIA). Singapore (VNA) – Vietnam is still seen as an attractive destination and the problems of 2021 do not mean that foreign investors will turn […]
Read MoreExports fared better than expected in September boosted by trade partners’ economic recovery, the baht’s weakness and the government’s proactive export promotion. The Commerce Ministry reported on Tuesday customs-cleared exports rose 17.1% year-on-year in September to US$23 billion, with imports increasing by 30.3% to $22.42 billion, resulting in a trade surplus of $609.8 million. It was […]
Read MoreMANILA, Philippines — Insurance premiums grew more than 37 percent to P187 billion in the second quarter as the economic reopening heightened demand for both life and non-life policies. According to the Insurance Commission (IC), insurers in the Philippines posted a combined profit of P24.63 billion during the period, swelling by over 29 percent from […]
Read MoreThe long lockdown in HCM City has caused karaoke parlours to hover between life and death. While struggling to survive, they have thought of a new service – renting karaoke equipment out to clients. The melody of ‘Sad Tango’ by Luong Gia Huy resounded in the living room of Thien Thao’s family in Go Vap […]
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Thailand
