Thailand is on course to achieve economic growth of around 1.2% this year, said government spokesman Thanakorn Wangboonkongchana, adding the economy is likely to grow by 3.5-4% next year. Thailand’s foreign reserves reached US$246 billion (about 8.17 trillion baht) in October, he continued, which is about three times the size of the country’s short-term foreign […]
Read MoreVietnam continues to meet the US Treasury’s criteria for not being labelled a currency manipulator, according to the US Treasury. Viet Nam continues to meet the US Treasury’s criteria for not being labelled a currency manipulator, according to the US Treasury. In its latest report on forex and macro-economic policies of big trade partners of the […]
Read MoreMANILA, Philippines — The Department of Trade and Industry (DTI) is urging Japanese firms to invest in sustainable industries, including electric vehicles (EVs) and develop green metals like nickel, copper, and cobalt. Trade Secretary Ramon Lopez made the call to Japanese firms during the recent virtual Philippine Economic Briefing organized by the Philippine Embassy in […]
Read MoreSome 93% of Thai banking customers say the availability of online or digital services through their bank is important, according to a new report by Mambu, a digital financial services platform developer. While 61% of consumers globally have made greater use of digital banking services over the last 18 months, in Thailand the figure is […]
Read MoreThe government has decided to extend tax exemptions to sectors ravaged by the Covid-19 outbreak, to allow businesses breathing space for recovery and boost economic growth amid a lingering uncertainty over the convergence of crises brought on by the pandemic. Speaking at the inauguration of National Road 11 and associated roads in the Prey Veng […]
Read MoreVietnam is showing signs of socio-economic recovery though the COVID-19 pandemic remains complex, according to Francois Painchaud, Regional Resident Representative of the International Monetary Fund (IMF) in the country. Speaking at the Vietnam Economic Forum 2021 on December 5, Painchaud said the this started in the fourth quarter, and the country can achieve a GDP […]
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