The Bank of Thailand’s Monetary Policy Committee (MPC) is expected to keep its policy rate at the historically low level of 0.5% throughout this year to maintain economic momentum, according to economists. The US Federal Reserve is projected to raise its policy rate multiple times throughout this year. Last week the Fed hiked its benchmark […]
Read MoreThis year could see abundant cash flow in real estate, particularly from foreign funders, professional investment funds, and individual investors. Kenneth Gaw, president and co-founder of Gaw Capital Partners based in Hong Kong, stressed that Vietnam’s upcoming property activity, especially the industrial property evolution, will be the foundation for attracting additional overseas investment. “Given Vietnam’s […]
Read MoreMANILA, Philippines — The country’s inflation is seen to temporarily rise in the coming months amid high global commodity prices, but is expected to return within the government’s target level, according to an international think tank. “We expect inflation to rise over the coming months, but probably not enough to worry the central bank,” said […]
Read MoreBest Logistics Technology supports cross-border delivery from Thailand to Cambodia. In addition, it also does cross border deliveries to China, Malaysia, Vietnam and Laos and Myanmar is the next destination Best Logistics Technology (Thailand), the operator of express delivery service Best Express, is expanding its reach on large goods shipment services and factory customers while […]
Read MoreThe Indonesian government has doubled the upper limit of palm oil export levies to dissuade companies from exporting the product amid a domestic shortage of palm oil-based cooking oil. The finance ministry on March 18 issued a regulation that raises the progressive levy up to $375 per tonne of crude palm oil (CPO) when international […]
Read MoreKUALA LUMPUR, March 21 — The ringgit opened lower against the US dollar on Monday despite the firmer oil prices as the Russia-Ukraine conflict caused a meteoric rise in oil and other commodity prices, said an analyst. At 9.00am, the local currency declined further to 4.1960/1990 versus the greenback from 4.1930/1975 at Friday’s close. At […]
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Thailand
