THAILAND’s government has signed two contracts worth a combined Baht 5.2bn ($US 157.1m) with Chinese state enterprises for the first phase of the Bangkok – Laos high-speed rail project. The first contract encompasses the detailed design of the 250km first phase of the project between Bangkok and the northeastern province of Nakhon Ratchasima and is […]
Read MorePRIVATE-SECTOR economists have maintained their growth forecast for Singapore’s economy for 2017, said a quarterly survey released by the Monetary Authority of Singapore (MAS) on Wednesday. Those polled said that they expect the economy to grow 2.5 per cent this year, unchanged from their forecast in June. They also predicted that gross domestic product (GDP) […]
Read MoreHANOI – Commercial banks will be allowed to trade and provide foreign exchange services related to the casino business from next month. This information was stated under Circular No10/2017/TT-NHNN on the management of foreign exchange for the casino business, which will come into effect from October 15 this year. Casino business is a conditional business […]
Read MoreThailand’s top business group is keeping this year’s export forecast at 3.5-4% as it remains cautious over a number of downside risks. Predee: Some factors still need monitoring The group is set to review the forecast at the next meeting in October. “Although there’s a greater chance that exports might register higher-than-expected value this year, […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia Governor Agus Martowardojo said that deflation and low core inflation do not necessarily indicate weak consumer spending. On the contrary, he said, they reflect the government’s success in controlling price. “Core inflation does not represent weak consumer spending,” he said yesterday at the Presidential Palace. The Central Statistics Agency (BPS) reports that […]
Read MoreForeign Affairs Minister Prak Sokhonn yesterday met his Lao counterpart Saleumxay Kommasith to discuss how to resolve remaining issues along the border between the two countries. The talks came four days after Prime Minister Hun Sen and Lao Prime Minister Thongloun Sisoulith met on the matter and agreed on four points to resolve disputes along […]
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Thailand
