The Bank of Thailand is still concerned the baht’s gain relative to trading partners’ currencies could affect the economy to a larger degree amid intensifying trade tensions, according to minutes of the rate-setting committee meeting on Aug 7. The committee believes financial markets will remain highly uncertain going forward because of various factors including prolonged […]
Read MoreIndonesia unexpectedly cut interest rates for a second straight month to spur an economy facing increasing risks from a global slowdown and intensifying trade war. Indonesia unexpectedly cut interest rates for a second straight month to spur an economy facing increasing risks from a global slowdown and intensifying trade war. Bank Indonesia lowered its seven-day reverse […]
Read MoreEconomic ministers are planning a “relocation package” to attract foreign companies looking to move their factories because of global trade tensions, officials said on Thursday. The Thai economy, Southeast Asia’s second-largest, grew at its weakest pace in nearly five years in the second quarter, on declining exports and soft investment. The relocation package will be discussed […]
Read MoreThe Hanoitimes – The survey on “Overseas candidates: Expectation and challenges when working in Vietnam” was carried out on overseas respondents from different continents and working positions. As many as 60% of foreign respondents, who are working in Vietnam experience culture shock regarding “social value system” due to the lack of preparation through special training courses […]
Read MoreSINGAPORE – Ministers from the Finance Ministry will continue to actively engage businesses, unions and other stakeholders, and develop a support package to help with the transition to higher retirement and re-employment ages. In a Facebook post on Tuesday (Aug 20) night, Deputy Prime Minister Heng Swee Keat said he had spoken to many unionists, […]
Read MoreLaos and Thailand are considering the construction of one more friendship bridge to connect the two countries in a move that would link Vientiane Province and Loei. The governor of Vientiane Province, Mr. Khamphan Sithidampha told reporters on August 16 that Vientiane provincial authorities had proposed the project to the government for its consideration. “We […]
Read More
Thailand
