The government issued a new sub-decree on the country’s National Internet Gateway (NIG), enabling it to singularly facilitate and manage connections domestically and internationally. It said it will strengthen the effectiveness and efficiency of national revenue collection, protect national security and maintain social order, culture and tradition. The sub-decree was signed by Prime Minister Hun […]
Read MoreThe lack of foreign tourist arrivals presents a major risk to Thailand’s medium-term economic growth outlook, with a near-term recovery dependent on the resolution of the recent outbreak and fiscal support, says the Bank of Thailand. The recovery of foreign tourist arrivals could be influenced by many factors, including a plan to reopen the country, the […]
Read MoreJAKARTA (Reuters) – Indonesia needs to keep stimulus in place longer to underpin a recovery in its pandemic-hit economy, a former finance minister and analysts said, ahead of what some expect to be the central bank’s last interest rate cut of the current cycle. Southeast Asia’s biggest economy posted its first full-year contraction since 1998 […]
Read MoreKUALA LUMPUR: The National Covid-19 Immunisation Programme, which is scheduled to begin next week, can strengthen the confidence of the business and investment sectors in the country, says the International Trade and Industry Ministry (Miti). Miti secretary-general Datuk Lokman Hakim Ali said the comprehensive vaccination programme would impact positively on the operations of the business […]
Read MoreThe Hanoitimes – Before Tet holiday, the stock market showed sign of recovery following a historic slump, while the gold prices on the world market was on the declining trend. Strong volatile stock and gold markets before Tet holiday, the country’s largest festive period, have not prevented investors from ramping up investment activities when the week-long […]
Read MoreHONG KONG (BLOOMBERG) – A macro hedge fund spun out of Millennium Management is building bullish positions in the Indonesian rupiah and Singapore dollar, betting that measures adopted by the two countries could boost their currencies. The Indonesian currency may appreciate as much as 4 per cent this year, bolstered by its drive to become a […]
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Thailand
