Siam Commercial Bank’s research unit, the Economic Intelligence Center (EIC), expects policymakers to adjust the inflation target to better reflect changing economic circumstances so it can remain an effective instrument in determining monetary policy movement. Even though headline inflation has entered the lower end of the Bank of Thailand’s target inflation range since April after staying […]
Read MoreThe Hanoitimes – Vietnam`s new policies encouraged domestic automobile assembling companies to expand operations and improve productivity. The use of effective policies in the automobile sector since the beginning of 2018 has boosted the production and assembling of automobiles and better controlled imported vehicles in first half of the year. One of the policies is the […]
Read MoreAN escalation of the trade conflict between the US and China will “significantly impact” Singapore’s open economy, Minister for Trade and Industry Chan Chun Sing has warned. Speaking in Parliament on Monday, he said that while the net impact of the current US-China trade tiff on the Singapore economy and its workers is “likely to […]
Read MoreMANILA, Philippines — The rise of various digital platforms is preparing the country for a financial services revolution leading to inclusion, G-Exchange Inc. president Albert Tinio said. “Filipinos have come of age and are ready to take the next step forward. We are world leaders when it comes to social media and we are very […]
Read MoreThe deadline to pay the stamp tax has been extended until September 30, according to an announcement from the General Department of Taxation (GDT). GDT’s announcement released on Friday said that it will delay stamp tax collection this year as some enterprises and business have missed the first deadline set for March. “Some enterprises failed […]
Read MoreINCOMES drawn by the nation’s households are likely to begin recovering but their debts remain a drag on consumer spending, Yunyong Thaicharoen, chief economist of Siam Commercial Bank (SCB), said yesterday. Pointing to the tourism industry, Yunyong said the dive boat disaster that claimed the lives of dozens of Chinese visitors off Phuket last week […]
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Thailand
