THE government plans to borrow P250 billion from local sources next month, according to the Bureau of Treasury (BTr). It will be larger than the P200 billion programmed for this month and the P160 billion set for September 2020 if the plan is followed. Treasury bills (T-bills) are expected to raise P75 billion, while Treasury bonds (T-bonds) are seen to […]
Read MoreThe baht opened at 32.76 to the US dollar on Friday, weakening from Thursday’s closing rate of 32.74. The Thai currency is likely to move between 32.70 and 32.85 during the day, Krungthai Bank market strategist Poon Panichpibool said. Poon predicted the baht would move sideways as investors were waiting for important factors, such as […]
Read MoreSoft ground levels, complex underground pipework, frequent flooding, and lack of incentives are all hindering investors from jumping into underground real estate development and construction in HCM City, despite promising prospects in some areas. Ho Chi Minh City Department of Planning and Architecture is finalising an underground space development plan, focusing on the central area of […]
Read MoreThe Public Health Ministry will propose dining-in be allowed at restaurants in dark-red and red zones for customers who are fully vaccinated or passed Covid-19 tests. Airline passenger flights, now banned in dark-red zones, would also be allowed to resume, with the same criteria. Dr Kiatiphum Wongrajit, permanent secretary for health, said on Thursday that […]
Read MoreThe efficiency of Thailand’s capital market needs to be promoted in order to support the country’s post-pandemic economy, according to Finance Minister Arkhom Termpittayapaisith. He added that the role of the Thailand’s well-balanced capital market has not only been key to supporting Thailand’s economic development and competitiveness, but has also helped the country’s economy better […]
Read MoreSingapore. Prioritizing digital trade is crucial to Indonesia’s economic recovery and growth especially during the Covid-19 pandemic, according to experts from a recent webinar. According to the E-Conomy SEA 2020 report compiled by Google, Temasek and Bain & Company, Indonesia’s digital economy value will reach $124 billion by 2030, the highest in the regional economic bloc […]
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