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Thailand: Kingdom predicts 4% economic growth amid uncertainty posed by pandemic

Finance Minister Arkhom Termpittayapaisith is confident of the kingdom’s economic outlook, saying it will achieve 4% growth this year as forecast by several domestic and foreign agencies. Speaking during a recent special lecture to senior public officials, Mr Arkhom said the World Bank, International Monetary Fund, Thailand Development Research Institute, the Bank of Thailand and […]

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Thailand: Local PayPal transactions to end next month

Consumers in Thailand with PayPal accounts will not be able to use the service after March 7, the online payment company has announced. As well, the accounts of freelancers, small-scale entrepreneurs and casual online sellers will have “limited functionality”, the company said. This has implications for thousands of people who have taken up online selling […]

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Malaysian economy to grow 5.5-6.5%: central bank leader

Bank Negara Malaysia has reiterated that the Malaysian economy will expand from 5.5-6.5 per cent this year, underpinned by continued expansion in global demand and higher private sector expenditure, says governor Nor Shamsiah Mohd Yunus. In an email interview with Bernama, Nor Shamsiah said Malaysia was well-positioned to gain as global growth and trade bounce […]

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