Governments and central banks in Asia may be losing their appetite for the fiscal and monetary policies needed to stimulate their ailing economies as “pandemic fatigue” sets in. The region’s leaders “adapted admirably to the pandemic” in early 2020 according to Moody’s Analytics Senior APAC Economist Katrina Ell and Associate Economist Dave Chia. With the […]
Read MoreMANILA, Philippines – No funds were set aside for cash aid and contact tracing in the Duterte administration’s last budget proposal. During the Senate Committee on Finance’s first hearing on the proposed P5.024-trillion outlay for 2022, Budget Undersecretary Tina Marie Canda explained that funds were not appropriated for these items since forecasting how much and what […]
Read MoreThe national shippers’ council has raised its export growth forecast to 12% this year from 6-7% made in May and 3-4% in December, helped by the global economic recovery and a return of economic activities after a widened coverage of vaccinations among major trading partners. According to Chaichan Chareonsuk, chairman of the Thai National Shippers’ […]
Read MoreVietnamese people will be able to legally bet on many foreign football leagues if a draft decree on football betting is passed. The Ministry of Finance is drafting a decree amending and supplementing Decree 06/2017/ND-CP of the Government on betting business (horse racing, greyhound racing and international football). In this draft decree, the Ministry of […]
Read MoreThe Logistics Business Association and Cambodia Digital Tech Association have partnered to boost digital use in the logistics and transportation sector, placing high hopes that it will lead to rapid development. The two associations signed a memorandum of understanding on the deal this week. They agreed to encourage members to adopt a digital system to […]
Read MoreThe baht opened at 32.68 to the US dollar on Wednesday, weakening from Tuesday’s closing rate of 32.62. The Thai currency is likely to move between 32.60 and 32.75 during the day, Krungthai Bank market strategist Poon Panichpibool said. Poon feels the baht might be volatile during the day. Many foreigners are selling Thai assets […]
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Thailand
