The country’s economy is likely to achieve the 3.8% growth forecast by the Bank of Thailand, mainly because of consistently strong export growth, says Krisada Chinavicharana, head of the Fiscal Policy Office (FPO). The Finance Ministry’s think tank will review its economic growth forecast late next month. It predicts Thailand’s GDP and exports this year […]
Read More[SINGAPORE] Singapore’s total bank lending in August rose 0.3 per cent from July, on the back of higher loans to financial institutions, central bank data showed on Friday. Loans and advances by domestic banking units in the city-state amounted to S$634.4 billion last month, up from S$632.6 billion in July. Bank lending in August rose […]
Read MoreThe Association of Southeast Asian Nation’s (Asean) plans to forge closer energy ties have taken a major step forward after Malaysia, Thailand and Laos sealed a cross-border trading arrangement. The Energy Purchase Wheeling Agreement (EWPA), described as the region’s first multilateral power grid deal, allows Malaysia to purchase up to 100 megawatts of electricity from Laos […]
Read MoreMANILA, Philippines — The Philippines finds the benefits of the Trans-Pacific Partnership (TPP) too hard to resist even without the US, citing it as the reason for the country’s recent revival of interest in joining the mega-trade deal. The country has had a change of hearts recently about joining the deal after deciding to shelve […]
Read MoreTEMPO.CO, Jakarta – Indonesian Transportation Minister Budi Karya Sumadi has agreed on three points with his Malaysian counterpart Mr. Liow Tiong Lai and Philippines` Mr. Arthur Tugade. Three points agreed with Malaysia, Budi said, include the plan to operate Ro-Ro ships between Dumai and Malacca. The seaports are currently being prepared for the cooperation. The second agreement is on […]
Read MoreHANOI — The Ministry of Industry and Trade (MoIT) has promulgated Circular 18/2-17/TT-BCT to remove some regulations on managing the quality of locally produced and imported steel. Accordingly, domestic steel producers and steel importers will not be required to announce standards applied on their products. Procedures and process to clarify steel import demand and checks […]
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Thailand
