* Key rate kept at record low of 3.50% * C.bank governor pledges to keep stabilising rupiah * Sees prospect of Fed tapering from Q1 2022 (Adds economist comment, new governor quote) JAKARTA, June 17 (Reuters) – Indonesia’s central bank held its benchmark rate at a record low on Thursday as it sought to keep […]
Read MoreThe government’s plan to fully reopen the country within 120 days would support economic growth of 2.3% this year, the growth figure forecast by the Fiscal Policy Office (FPO), says the office’s director-general Kulaya Tantitemit. Prime Minister Prayut Chan-o-cha said on Wednesday Thailand will fully reopen by mid-October, with all businesses able to resume normal […]
Read MoreMANILA, Philippines — Businesses all over the globe are turning more optimistic as the world recovers from the impact of the pandemic, with downside risks becoming less and less, an international think tank said. Based on the June round of the Global Risk Survey of UK-based Oxford Economics, business sentiment has significantly improved and a […]
Read MoreCar sales have dropped sharply because of the fourth Covid-19 outbreak, prompting dealers to offer big discounts. The Vietnam Auto Manufacturers’ Association reported that its members sold 25,585 products in May, including 17,581 passenger cars, and 7,482 commercial and 522 specialized vehicles, which represented a 14 percent, 16 percent and 33 percent decrease, respectively, from […]
Read MoreSINGAPORE – Singapore’s non-oil domestic exports (Nodx) grew at a faster rate last month compared with April, aided by electronic and non-electronic shipments such as machinery and chemicals. Nodx rose 8.8 per cent last month, following a 6 per cent gain in April, continuing the positive growth trend seen since December last year, according to data released […]
Read MoreThe Port Authority of Thailand (PAT) will open bidding for a construction contractor for the Klong Toey smart community project next year. Director-general Lt JG Kamolsak Promprayoon said the authority has hired companies responsible for architecture design and engineering for the smart community project, worth 9.9 billion baht. The architectural designer will be asked to […]
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Thailand
