The Bank of Thailand (BoT) left its key interest rate unchanged at a record low on Wednesday, seeking to maintain support for a fragile recovery in the economy amid efforts to revive the country’s battered tourism sector and rising risks from inflation that has breached its target range. The BoT’s Monetary Policy Committee unanimously voted […]
Read MoreA group of Thai shippers expects the country’s exports to see year-on-year growth of 5% in the first quarter, helped by the global economic recovery. Chaichan Chareonsuk, chairman of the Thai National Shippers’ Council, said exports in January are likely to remain robust, with values expected to stay around US$22 billion. “We’re confident the first […]
Read MoreBENGALURU: Malaysia’s economy likely bounced back to growth in the final quarter of 2021, propelled by strong exports and private investments, but the fast-spreading Omicron coronavirus variant poses a threat to the outlook, a Reuters poll found. Growth in Southeast Asia’s third-largest economy rebounded last quarter to 3.3 per cent year-on-year after shrinking 4.5 per […]
Read MoreUOB on Tuesday (Feb 8) said it believes economic recovery in Indonesia will persist in 2022 on expected growth in investment demand and the continued strength of exports. The research house keeps its forecast for the country’s 2022 baseline economic growth at 5 per cent, within a range of 4.7-5.3 per cent to reflect ongoing […]
Read MoreCompanies are determined to leave the difficult year of 2021 behind and aim for higher goals in 2022. After a week-long Tet, many businesses have turned their focus on ramping up production for a speedy recovery in the post-pandemic period. Standing alongside the production line at full capacity, General Director of Thinh Long Intra Bui […]
Read MoreThe General Department of Taxation of the Ministry of Economy and Finance has sought cooperation from 49 Internet companies in Cambodia to block electronic transactions should those enterprises are not registered. The announcement was made during a meeting with 49 internet service providers in Cambodia on the implementation of VAT on e-commerce transactions yesterday chaired […]
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