The Bank of Thailand predicts headline inflation will exceed the target rate in the early part of this year, forced up by rising raw food and energy prices. The central bank’s Monetary Policy Committee (MPC) meeting on Wednesday made the assessment, said MPC secretary Piti Disyatat. According to the central bank’s inflation targeting framework, the […]
Read More(Bloomberg) — Singapore is taking steps to ease growing concerns over an imminent increase in taxes, including explainers on social media and in local newspapers over recent weeks to justify the need for the move. From Facebook posts by the finance minister to articles and opinion pieces in the city-state’s main English-language newspaper, Singapore is […]
Read More(Bloomberg) — Indonesia’s central bank is expected to keep its key interest rate at a record low despite a recent hawkish shift in its messaging, seeking to balance support for the economic recovery with currency stability. Bank Indonesia is expected to keep the seven-day reverse repurchase rate at 3.5% on Thursday, according to all 31 […]
Read MoreAnalysts all have optimistic forecasts about cash flow to Vietnam in 2022 and upcoming years after a year of net withdrawals. The first deals of 2022 Arisaig Asia Fund Ltd announced the purchase of 1.3 million MWG shares of The Gioi Di Dong (Mobile World) on January 10. As such, the foreign fund spent VND180 […]
Read More[SINGAPORE] A package that will be rolled out to cushion the impact of the impending goods and services tax (GST) hike is set to cover about 10 times the extra amount some families will spend each year, said Finance Minister Lawrence Wong on Wednesday (Feb 9). He was addressing people’s concerns that the tax increase […]
Read MoreMANILA, Philippines — Insurers hiked their contribution to economic output last year as Filipinos spent more for policies amid the pandemic. The Insurance Commission (IC) said the insurance industry increased its contribution to gross domestic product (GDP) as the pandemic compelled Filipinos to be more aware and conscious of their health and financial wellness. “The […]
Read More
Thailand
