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BoT chief: Thailand has no need to follow Fed’s tightening

Thailand has no need to raise interest rates following the United States Federal Reserve’s hikes as domestic factors and its economic recovery will be the key issues when deciding policy, Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput said on Thursday. The country’s external position remains strong and it has not had a problem of capital […]

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Laos Sees Trade Deficit of USD 102 Million in April

Laos posted a trade deficit of 102 million US dollars in April, the first trade shortfall in 2022 following three months of trade surplus. According to the most recent data from the Lao Trade Portal website, the overall value of trade in April was 950 million US dollars, with 424 million US dollars in exports and […]

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Thailand: Bars push reopening

Operators of night entertainment venues will reiterate their demand for the reopening of their businesses on Thursday, as the Public Health Ministry proposes to designate certain provinces as “green zones” where nightlife activities can resume. Khathawut Thongthai, president of the Association of Entertainment Professionals, said operators of night entertainment venues and related businesses will meet […]

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Indonesia: Trade surplus prints record figures in April – UOB

Enrico Tanuwidjaja, Economist at UOB Group, comments on the recently published trade balance figures in Indonesia. Key Takeaways “Indonesia’s trade surplus hit all-time high in April 2022 to reach USD7.5bn vs. USD4.5bn in March 2022.” “Mineral fuels and oils were leading the gains in overall exports’ strong surge last month, but amidst the CPO export […]

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