Bank of Ayudhya (BAY), branded as Krungsri, is focusing on regional markets for its medium-term business plan as it seeks S-curve growth. In Asean, Krungsri has a presence in Cambodia, Laos, Myanmar, Vietnam, the Philippines and Indonesia under different business models and strategies. Krungsri is Thailand’s fifth-largest commercial lender by total assets, has conducted its […]
Read MoreSINGAPORE retail sales dropped 5.7 per cent on the year in August, an improvement from the 8.5 per cent year-on-year decline recorded in July, according to the Singapore Department of Statistics (SingStat) on Monday. The better performance was due to strong demand for both new and used cars, SingStat noted. Excluding sales from motor vehicles, […]
Read MoreQuiet week There is no major economic data due this week except for the international reserves of Bank Negara. The central bank is expected to announce the statement of accounts as at Sept 30 on Wednesday. The international reserves of Bank Negara amounted to US$104.8bil as at Sept 15. The reserves position is sufficient to […]
Read MoreLao Airlines State Enterprise has issued travel advice for passengers wishing to use the airline to enter or exit Laos. The requirements were publicised last week following the latest easing of travel restrictions by the government and inform travellers about the steps they need to take prior to travel. The airline requires passengers departing Laos […]
Read MoreMANILA, Philippines — Inflation likely picked up slightly in September as the economy continued to reopen gradually after imposing one of the longest and strictest lockdowns in the world, according to private economists. Security Bank chief economist Robert Dan Roces said headline inflation may have slightly gone up to 2.5 percent in September from 2.4 […]
Read MoreThe government is pinning its hopes on foreign investment and state spending to improve economic growth next year, following the expected deliberation of the omnibus bill on job creation this week, the country’s top officials have stated. The Finance Ministry’s Fiscal Policy Agency head, Febrio Kacaribu, said on Oct. 2 that economic reforms through the […]
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Thailand
