Tourism operators expect dull sentiment for the Songkran festival next month and are urging the government to offer more tourism stimulus plans in addition to a continuation of the existing subsidy programme. Thanapol Cheewarattanaporn, president of the Association of Domestic Travel (ADT), said most people are planning visits to meet up with family members during […]
Read MoreMANILA, Philippines — Wholesale electricity spot market (WESM) prices inched higher this month as the warmer weather and looser restrictions push up demand while outage of power plants reduced supply. The Independent Electricity Market Operator of the Philippines (IEMOP) recorded an increase in the spot price at the start of March, reaching an average of […]
Read MoreWHEN Bank Negara released the fourth quarter (Q4) and 2020 gross domestic product (GDP) data about a month ago, the Finance Ministry (MoF) too released a report on Malaysia’s economic performance for last year at the same time. One of the interesting data that was revealed in that report was on Malaysia’s debt-to-GDP ratio. In […]
Read MoreThe Bank of Thailand is open to legal digital currencies and plans to issue a consultation paper on stablecoins within the first half of this year. Siritida Panomwon Na Ayudhya, assistant governor of payment systems policy and financial technology at the central bank, said the bank has only approved baht-backed stablecoin businesses, meaning those classified […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is expected to keep the benchmark interest rate at an all-time low of two percent this week as inflation is likely to ease back to the target toward the end of the year, according to bank economists. Alvin Joseph Arogo, vice president and head of equity […]
Read MoreThe Centre for Covid-19 Situation Administration on Friday resolved to gradually relax Covid-19 controls for foreign arrivals beginning on April 1, shortening or lifting quarantine periods and increasing the range of activities allowed them. CCSA spokesman Taweesilp Visanuyothin said that from April 1 visitors would not be required to show a fit-to-fly document. From April […]
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Thailand
