The Bank of Thailand (BoT) expects high headline inflation to be short term and will not pressure monetary policy and the economic recovery. Headline inflation has been rising, mainly due to higher global energy prices, and it is expected to further increase next month, according to the central bank. The BoT maintains its existing assessment […]
Read MoreKuala Lumpur — Malaysia will reopen its borders to international visitors by January 1 at the latest, a government advisory council said on Thursday, as the country seeks to revive its ailing tourism sector. The Southeast Asian country has gradually reopened its economy in recent weeks as coronavirus infection rates have slowed amid a ramped-up vaccination program. More than three-quarters of […]
Read MoreMANILA, Philippines — The net inflow of foreign direct investments (FDIs) jumped 40 percent to $6.37 billion in the first eight months, from $4.56 billion in the same period last year, as multinational companies continued to inject more money into their affiliates in the Philippines amid the economy’s gradual recovery, according to the Bangko Sentral […]
Read MoreVietnam aims to become an ideal environment for green businesses as the country remains steadfast in pursuing sustainable development. Vietnam is committed to working alongside APEC members in promoting green growth and combating climate change. State President Nguyen Xuan Phuc stressed the view in his pre-recorded speech at APEC CEO Summit 2021 that is taking […]
Read MoreThailand’s Bangchak Corporation Public Company Limited (BCP) has sought investment opportunities in Cambodia, mainly in the oil and energy sectors. The information was made known yesterday at a working dinner between Cambodian Ambassador to Thailand Ouk Sorphorn and Ittikhun Sihsobhon, BCP’s Senior Vice-President Corporate Marketing and Lubricant Business, during which the two sides discussed investment […]
Read MoreMANILA, Philippines — Car manufacturers reported growth in vehicles sales in October, fueling the industry’s optimism of surpassing last year’s lackluster performance. What’s new Automakers sold a total of 22,581 units in October, inching up 5.1% month-on-month, according to a joint report from the Chamber of Automotive Manufacturers of the Philippines, Inc (CAMPI) and Truck Manufacturers Association […]
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