Thailand and Laos have agreed to soon reopen cross-border checkpoints, government spokesman Thanakorn Wangboonkongchana said on Wednesday. The decision was made after Lao ambassador to Thailand Seng Soukhathivong paid a courtesy call on Prime Minister and Defence Minister Gen Prayut Chan-o-cha to mark the occasion of his 4.5 years at Government House. Commenting on a […]
Read MoreHong Kong has submitted an application to join the 15-member Regional Comprehensive Economic Partnership agreement, a mega trade agreement involving countries such as Thailand, Japan and South Korea, the government said on Wednesday. The move would expand Hong Kong’s free trade with Japan and South Korea, both of which the government has yet to reach […]
Read MoreJAKARTA, Feb 24 (Reuters) – Indonesian energy company PT Pertamina Hulu Energi aims to boost its oil and gas output this year by 17% to 1.04 million barrels of oil equivalent per day, including output from overseas assets, its chief executive said on Thursday. The higher output is expected as a number of Pertamina’s projects […]
Read MoreIf the central bank wants to raise the policy rate, it has to be confident the economy is in full recovery first, says Finance Minister Arkhom Termpittayapaisith. He made the remark at the seminar “2022 Next Economic Chapter: New Challenges and Opportunities” on Wednesday hosted by Krungthai Bank (KTB). This year the US Federal Reserve […]
Read MoreMANILA, Philippines — Rising tensions between Russia and Ukraine would not make a huge dent on credit ratings in Asia-Pacific, including the Philippines, although its indirect impact on commodity prices and market disruption should be cause for worry, Moody’s Investors Service said. Michael Taylor, managing director at Moody’s, said the Asia-Pacific region has limited direct […]
Read MoreA rebound in domestic consumption demand and surge in exports are expected to be drivers for Viet Nam’s economic growth in 2022. Many international organisations have been upbeat about the recovery of the Vietnamese economy. Among them, Fitch Ratings gave the most optimistic view as it expected the country’s economy to grow by 7.9 per […]
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