The Bank of Thailand’s Monetary Policy Committee (MPC) yesterday raised its 2017 economic growth forecast slightly to 3.5% from 3.4% earlier predicted after revising up export growth to 5%, but kept the policy rate unchanged at 1.5%. The rate-setting committee lifted its Thai economic growth outlook due to robust exports, said Jaturong Jantarangs, assistant governor of […]
Read MoreHANOI — Vietnamese mobile service operators are racing to reduce the charges for roaming services after the Ministry of Information and Communications allowed mobile operators to negotiate with foreign partners about international roaming services since June 1. Military-run telecom group Viettel announced that all its pre-paid and post-paid subscribers would be offered preferential international data […]
Read MoreKUALA LUMPUR: Malaysia’s economic outlook has improved. But the Socio-economic Research Centre (SERC) says it remains cautiously optimistic on the country’s growth prospects amid the current unpredictable global economic, financial and political landscape. The independent research institution yesterday raised its 2017 gross domestic product (GDP) growth projection to 5% from the initial estimate of 4.6% […]
Read MoreSINGAPORE: Southeast Asian markets trod with caution on Thursday after minutes from the U.S. Federal Reserve’s last meeting showed policymakers were split on the outlook for inflation and how it might affect the future pace of interestrate rises. The minutes of the Fed’s June policy meeting released on Wednesday also showed that several officials wanted […]
Read MoreMANILA, Philippines – The national government’s outstanding debt may reach P6.47 trillion by end-2017, corresponding to about 40.76 percent of the country’s gross domestic product, the Bureau of the Treasury said. National Treasurer Rosalia De Leon said the country’s outstanding debt for 2017 may increase 6.24 percent to P6.47 trillion from the P6.09 trillion recorded […]
Read MoreTEMPO.CO, Jakarta – Energy and Mineral Resources (ESDM) Minister Ignsius Jonan said that the government will not raise the basic electricity tariff from July 1 to December 31, 2017. “We will do our best not to raise the tariff from July 1 to December 31. We need the extraordinary competitiveness of industry. The president has asked not to raise the electricity tariff,” the minister stated on Wednesday. He also explained that regarding the basic electricity tariff (TDL) for housing, […]
Read More
Thailand
