State-owned and commercial banks have agreed to comply with the Bank of Thailand’s new cybersecurity measures by the June deadline. Commercial bank members of the Thai Bankers’ Association (TBA) have been upgrading their digital technology to handle cyber-risks. The association has committed to compliance with the new measures, TBA chairman Payong Srivanich said at a media […]
Read MorePETALING JAYA: The government’s target of a 5% fiscal deficit this year may be challenging amid the anticipation of slower global economic growth. Although the global economic outlook for 2023 is expected to improve, external headwinds may dampen it and possibly derail the government’s target, according to economists. The external headwinds include geopolitical tensions between […]
Read MoreCredit growth by the end of February 2023 increased by nearly 0.8 per cent, equal to only one-third of the rate in the same period last year. HÀ NỘI — Credit growth in the first months of this year slowed significantly due to high interest rates and firms’ poor health, raising concerns about rising bad […]
Read MoreThe sub-decree on requirements and procedures for business mergers and acquisitions that the Royal Government of Cambodia (RGC) issued on Monday last week would enable the country to provide its business communities with a better-balanced economy and markets, said experts who have served those communities with extensive long experience. The sub-decree on conditions or requirements […]
Read MoreThailand and China are among the lone bright spots in Asia, projected to have higher real GDP growth this year even as the rest of the region is battered by unfavourable global economic conditions and geopolitical tensions, according to global trade insurer Atradius. The insurer’s recent “Regional Economic Outlook Asia” report indicated the regional economic recovery […]
Read MoreAccording to Nguyen Tien Thoa, former head of the price department under the Ministry of Finance, the root of the issue in the domestic fuel market was a failure to adhere to market principles, despite the central government’s issuance of multiple decrees on the matter. HÀ NỘI — During an online conference focused on the […]
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