A weaker baht is supporting Thailand’s post-pandemic tourism recovery, which is key to shoring up the nation’s economic performance, according to Finance Minister Arkhom Termpittayapaisith. “Thailand is value for money,” Mr Arkhom said in an interview on the sidelines of the Asia-Pacific Economic Cooperation (Apec) finance ministers’ meeting in Bangkok, highlighting the nation’s appeal to travellers […]
Read MoreINDONESIAN authorities are preparing data and assessing current industry conditions to be ready in the event that the government decides to bring in a ban on tin exports, a senior mining ministry official said on Wednesday (Oct 19). The South-east Asian country, which is the world’s top tin exporter, has already moved to halt shipments […]
Read MoreThe central bank is ready to sell foreign currency to stabilize the market if needed. The State Bank of Vietnam (SBV) decided to widen the trading band of the USD/VND exchange rate from 3% to 5% from October 17. According to the SBV, since 2022, the Federal Reserve (Fed) and other major central banks have […]
Read MoreThailand should see economic growth of 3 to 3.5% this year, driven by the key export and tourism sectors, Finance Minister Arkhom Termpittayapaisith said in an interview on Wednesday. Mr Arkhom, who was speaking on the sidelines of a meeting of finance ministers from the Asia-Pacific region (Apec), said the economy was expected to grow 3.7% […]
Read MoreKUALA LUMPUR : Malaysia’s exports rose 30.1 per cent in September, slightly below forecast, government data showed on Wednesday. September’s exports had been expected to rise 31.2 per cent, according to 15 economists surveyed in a Reuters poll. Imports in September grew 33 per cent from a year earlier, data from the International Trade and […]
Read MoreJAKARTA : Indonesia will strive to maintain its position as a relative economic “bright spot”, amid a risk of a global recession next year, its finance minister said on Wednesday, underlining the country’s relatively resilient financial markets. Sri Mulyani Indrawati warned that the world is facing the risk of stagflation next year, pointing to the […]
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