The Eastern Economic Corridor (EEC) Office is scheduled to sign a memorandum of understanding (MoU) next week with the China Development Bank (CDB) and the Japan Bank for International Cooperation (JBIC) for financial support of investment projects. Nathporn Chatusripitak, spokesman for Deputy Prime Minister Somkid Jatusripitak, said the cabinet on Tuesday approved the draft MoU that is […]
Read MoreSINGAPORE: The 2020s are set to be the Asian decade, with the continent dominating an exclusive list of economies expected to sustain growth rates of around 7%. India, Bangladesh, Vietnam, Myanmar and the Philippines should all meet that benchmark, according to a research note on Sunday from Madhur Jha, Standard Chartered’s India-based head of thematic […]
Read MoreSoutheast Asia’s central banks are taking a hard look at interest-rate cuts as global monetary policy turns more dovish, with Malaysia first in line with a possible move as soon as Tuesday. It’s a busy week for the region’s policy makers with Bank Negara Malaysia’s decision followed by policy announcements from the Bank of Thailand […]
Read MoreThe e-commerce market in Southeast Asia is forecast to be worth at least UScopy02 billion by 2025, according to the latest “e- Conomy of Southeast Asia” report by Google and Singapore-based Temasek. The report also notes the growing confidence among investors in the region, with startups raising $9.1 billion in the first half of last year, […]
Read MoreAsean insurers offering cross-border Marine, Aviation and Goods in Transit (MAT) insurance have been identified as servicing one of the three lines of insurance important to the development of Asean economies under the Asean Insurance Integration Framework (AIIF). The other two are: catastrophe reinsurance and reinsurance. In this regard, Asean member-countries have committed to “open” […]
Read MoreThe first image that usually springs to mind when someone mentions any Southeast Asian capital is congested roads filled with honking cars and motorcycles. Congested roads have become synonymous with Southeast Asia, and that is not going to change anytime soon. According to the latest data, vehicle sales in Southeast Asia is set to outpace […]
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Thailand
