Asian stock markets, including the Stock Exchange of Thailand (SET), are increasingly attracting foreign funds as investors shift away from lower-yield US 10-year bonds because of signs of increasing inflation. The foreign fund inflows are expected to greatly benefit large-cap stocks as foreign investors prefer stocks with high liquidity, while analysts are waiting for more […]
Read MoreDeputy Chief Financial Officer of the Phnom Penh Special Economic Zone (PPSEZ) Wong Pang Nam said the company is still waiting for the Securities and Exchange Regulator of Cambodia (SERC) to approve its share buyback plan. He added that the company has submitted all required documents to the securities and exchange regulator, saying: “Once we […]
Read MoreDespite an improved GDP growth forecast propelled by improving global economic growth and continued government stimulus packages, domestic demand will be slow to recover because of sluggish foreign tourist revenue and permanent damage, says an economic think tank. Thailand’s economy is forecast to expand by 2.6% this year, up from 2.2% projected previously, as export […]
Read MoreE-commerce websites will be given ratings to increase customers’ trust in purchasing and payment activities in the online environment. This is one of the solutions the Vietnam e-Commerce and Digital Economy Agency (iDEA) under the Ministry of Industry and Trade (MoIT) has proposed to promote the development of the e-commerce market in 2021-25. According to the ministry […]
Read MoreCambodia, Laos and Vietnam (CLV) on March 10 reaffirmed their commitment to boost border trade and investment with a specific focus on the construction of border markets and to improve customs clearance procedures. The pledge was made during a virtual discussion between Cambodian Prime Minister Hun Sen and his Vietnamese and Lao counterparts Nguyen Xuan […]
Read MoreKUALA LUMPUR: Bank Negara’s move to allow non-resident banks to trade in ringgit-denominated interest rate swap (IRS) effective March 15 is seen as a positive move by the central bank, signalling that it has the policy instrument and enough room to manoeuvre in the financial market, Juwai IQI Global chief economist Shan Saeed said. He […]
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Thailand
