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Thai consumption keeps increasing amid recovery

Private consumption improved in January, according to the Fiscal Policy Office’s director-general Pornchai Thiraveja. He said the consumer confidence index rose for the eighth consecutive month to 51.7 in January, from 49.7 a month earlier. Headline inflation and core inflation in January were 5.02% and 3.04%, respectively. “The Thai economy in January was supported by the […]

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Philippines intensifies efforts to exit ‘dirty money’ list

MANILA, Philippines — The Philippines vowed to further intensify initiatives to address the remaining deficiencies in its regime to counter money laundering as well as terrorist and proliferation finan­cing, after it failed to meet last month’s deadline imposed by the Paris-based Financial Action Task Force (FATF). Bangko Sentral ng Pilipinas and Anti-Money Laundering Council (AMLC) […]

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Cambodia needs tech skill labour: PM

More quality, effective technical education and skills development are needed to deliver the talented workforce sought after by industrial investors, Prime Minister Hun Sen stated on February 27, as pundits asked the government to increase and enhance job-aligned vocational training options while improving the labour-market environment. The premier was speaking at a graduation ceremony for […]

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Thailand: Baht declines amid volatile markets

The baht fell to less than 35 against the US dollar on Monday and recorded its lowest level for two months, after being the most volatile currency traded in the region this year. The baht opened at 34.93 per dollar on Monday. During day-trade, it weakened to 35.16 against the greenback before closing at 35.10. […]

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