The central bank is expected to keep its benchmark interest rate unchanged near record lows on Wednesday, despite calls for a cut to contain the strength of the baht. The Bank of Thailand (BoT) has said monetary policy still supports the country’s economic recovery. Though inflation has remained weak, high household debt is limiting its […]
Read MoreHANOI — Minister of Industry and Trade Tran Tuan Anh has promulgated decision to conduct inspections at three loss-making projects under their management. They include Lao Cai DAP 2 Fertiliser Plant, a subsidiary of Vietnam National Chemical Group (Vinachem), Phuong Nam Pulp Mill, a subsidiary of the Vietnam Paper Corporation (Vinapaco), and Dung Quat Shipbuilding […]
Read MoreTEMPO.CO, Jakarta – A survey conducted by Mastercard Indonesia shows that 58.5 percent of smartphone users have actively used their mobile phones for online shopping over the last three months. The figure was based on the 2017 Mastercard Mobile Shopping study. “The growth of online shopping soared along with the increasing smartphone usage in Indonesia,” said Mastercard […]
Read MoreThe Finance Ministry has urged the Bank of Thailand to slash the policy rate by 50 basis points to help stimulate the economy and curb speculative inflows. Fiscal Policy Office deputy director-general Warotai Kosolpistkul said the ministry’s think tank also asked the central bank to abandon inflation-targeting as its monetary policy framework amid low inflation. […]
Read MoreMANILA, Philippines — The Philippine Exporters Confederation Inc. (Philexport) is opposing the need for a law implementing a compressed work week as it appeals for a status quo, wherein employers are allowed to decide the suitable work hours for their employees considering the ecosystem within which they operate. “We suggest that the status quo be […]
Read MoreTHE government should update the business community with the latest economic activities and manage the expectations, according to domestic and foreign investors at a recent investment forum held in the country’s capital. Investors in Myanmar would like to see a push towards further liberalisation of the economy. More people are taking part in the private […]
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Thailand
