The Bank of Thailand has grown more pessimistic about the prospects of achieving its export growth forecast of 9% this year as the intensifying trade dispute between the world’s top economies dampens global demand. Export value contraction in September was beyond the central bank’s current forecast and full-year growth could be slower than projected, said Pornpen […]
Read MoreProperty-market watchers say the increasing availability of home loans, the introduction of the Condominium Law 2016, and stable market makes this a good time for those looking homes to start considering taking the plunge. At present, management bodies that will enforce condominium rules and regulations are starting to emerge and as soon as they are […]
Read MoreSINGAPORE – OCBC Bank’s digital transformation is bearing fruit with more customers transacting digitally while helping to drive costs down, said its chief executive Samuel Tsien. But OCBC will not create digital banks, nor apply for an Internet bank licence in Hong Kong, said Mr Tsien on Thursday (Nov 1) following the release of its […]
Read MoreThe Hanoitimes – Vietnamese fashion market has allured many foreign brands and some of which have decided to acquire local clothing companies to enable them enter the potential market as soon as possible. Japanese global apparel retailer Uniqlo last week took a step closer to opening its first store in Vietnam next year as planned by […]
Read MoreGLOBAL trade tensions and property cooling measures in Singapore have taken their toll on fourth-quarter business sentiment in the manufacturing and services sectors, according to separate updates from the Economic Development Board (EDB) and the Department of Statistics (SingStat) on Wednesday. A net weighted balance of 3 per cent of services sector firms expects the […]
Read MoreSTANDARD Chartered Bank (Thailand) expects the Bank of Thailand (BOT) to start monetary policy normalisation and increase the interest rate by 25 basis points (bps) , from 1.50 per cent to 1.75 per cent, in November. However, due to current concerns about the pace of the baht’s appreciation, Standard Chartered Bank expects no further rate […]
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