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IMF: Philippines has room to support economy

MANILA, Philippines — The International Monetary Fund (IMF) said the Philippines has fiscal space to provide more support to the economy amid the impact of the COVID-19 pandemic. Yongzheng Yang, IMF resident representative to the Philippines, told The STAR the country entered the pandemic with considerable policy buffers, including a level of public debt that […]

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Malaysia-Thailand border trade

BANGKOK: Border trade between Malaysia and Thailand in the first nine months of the year fell 17.23% to 175.10 billion baht (100 baht = RM13.50) as border closure to curb the spread of Covid-19 has disrupted normal economic activities. Foreign Trade Department director-general Keerati Rushchano said Thailand’s cross-border trade with neighbouring countries – Malaysia, Myanmar, […]

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Biden win forecast to benefit Thailand

Observers said Joe Biden’s victory in the United States’ presidential election would have a positive impact on Thailand, noting that ongoing trade tensions with China were likely to cool as the president-elect has vowed to resume constructive dialogue with all strategic partners. The vice-president of the Thai National Shippers’ Council (TNSC), Visit Limlurcha, said that once […]

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