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Maturing Thai mobile market raises risks for telcos

Thai telecom operators are likely to continue to face pressure on mobile-service revenues, beset by slowing growth in data revenue. The country’s third-largest operator, Total Access Communication Public Company in particular, will be the most affected due to its large exposure to mobile revenues said Fitch Ratings in a note on Monday. Advanced Info Service […]

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Spat, uncertainty slow Thai growth

Thailand’s economic growth is expected to slow in 2019 because of rising global trade tensions and domestic political uncertainty, with local business operators suffering from negative momentum from the US-China dispute, says Deputy Prime Minister Somkid Jatusripitak. Mr Somkid plans to meet with officials from the Commerce Ministry this month to revise the export growth target […]

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State-owned healthcare insurance covers 83.94 percent of Indonesians

The Health Care and Social Security Agency (BPJS Kesehatan) has revealed that 83.94 percent of the population, or 221 million people, are registered under the National Health Insurance and Healthy Indonesia Card (JKN-KIS) program. The state-owned agency’s customer service and expansion director, Andayani Budi Lestari, explained that about 32 million people were registered as employees of private companies. “There are 265,455 companies […]

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Philippines: Deficit-to-GDP ratio eases to 2.1% in Q1

MANILA, Philippines — The national government’s fiscal deficit as a share of the country’s gross domestic product (GDP) narrowed in the first quarter as expenditure effort declined due to the delay in the 2019 budget, according to the Department of Finance (DOF). In a report, Finance Undersecretary and chief economist Gil Beltran said the government’s […]

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Thailand: Small developers urged to maintain liquidity and diversify

With myriad challenges in the property market, small and medium-sized developers should focus on maintaining financial liquidity and diversify to non-residential development, say developers and experts. Pornarit Chounchaisit, president of the Thai Real Estate Association, said the domestic market this year will be unfavourable because of a spate of risk factors, while the two government […]

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