The improving growth outlook and increased financial stability risks from a further rate cut were key reasons for the central bank’s decision to hold the policy interest rate steady this month, minutes from the meeting show. The Bank of Thailand’s Monetary Policy Committee unanimously voted to keep the one-day repurchase rate at 1.50% on Aug […]
Read MoreAction will be taken against those who do not adhere to a new kyat payment rule when dealing in domestic transactions. This includes trade at the border areas, Vice Governor of the Central Bank of Myanmar (CBM) U Bo Bo Nge said on August 28. “To reduce the use of Thai baht in local payments […]
Read MoreHANOI — Individual investors that participate in derivatives trading market have to pay a 0.1 per cent income tax for derivatives trading transactions. The tax is imposed on the trading prices of derivatives transactions, which could be sell and buy orders and expiry of the futures contracts. A similar tax rate has also been imposed […]
Read MoreKUALA LUMPUR: Malaysia’s producer price index (PPI) for July 2017 rose 7.1% to 106.0 versus a year earlier. In a statement on Wednesday, the statistics department said the mining index recorded the highest increase of 24%, followed by agriculture, forestry and fishing (7.8%), manufacturing (5.9%), electricity and gas supply (1.7%) and water supply (0.4%). On […]
Read More(KPL) Northern provincial authorities Luang Prabang and Xayaboury and Thailand’s Loei and Phetchabun provinces have recently met in Loei province to discuss strengthening cooperation in the frameworks of trade, investment, tourism, culture, education, sports and business operation. Lao delegation was led by Xayaboury Vice Governor, Mr Yunyong Sypaserth met with Loei and Phetchabun Governors and relevant officials. […]
Read MoreSYDNEY – Chief negotiators from the 11 remaining member countries of the Trans-Pacific Partnership trade deal agreed to reconvene in September, after three days of talks ended in Sydney on Wednesday. Japanese chief negotiator Kazuyoshi Umemoto told a press conference that they agreed to meet in Japan in late September, in the hope of reaching […]
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Thailand
