The baht’s further upside bias to the US$34-mark is seen as a short-term run on the back of persistent offshore fund inflows, largely to the Thai bond market, prompted by a perception that the local currency is a safe haven, says a senior official at Phatra Securities. The firmer baht is setting a trend as […]
Read MoreTEMPO.CO, Jakarta – The Energy and Mineral Resources Ministry admitted that they are having difficulties in collecting debts in the oil and gas upstream sector because most oil and gas company contracts have expired. “Many of their [contracts] have been terminated. What should we do?” said Inspector General of the Energy and Mineral Resources Ministry Mochtar Husein […]
Read Moregained a year-on-year increase of 7.6 per cent in total export value of agro, forestry and fishery products in the first quarter of this year to US$7.6 billion. This included $2.9 billion in March, according to the Ministry of Agriculture and Rural Development. Of the total figure for Q1, export value of main farming products […]
Read MoreGreat changes are in evidence since the Lalay border crossing was upgraded to an international checkpoint between Saravan province in Laos and Quang Tri province in Vietnam in June 2014. Director of the Saravan provincial Department of Information, Culture and Tourism, Mr Somchay Ounchit, told Vientiane Times on Tuesday that the number of tourists crossing […]
Read MoreMANILA, Philippines – Business executives in the country remain highly optimistic in their outlook on the Philippine economy despite anticipation of higher inflation and interest rates this year coupled with a critical outlook on trade, a survey conducted by the Makati Business Club (MBC) showed. MBC’s First Semester Executive Outlook Survey for 2017, released yesterday, […]
Read MoreMANILA, Philippines – The Board of Investments (BOI) expects strong growth in its investment approvals for the first quarter of the year given the influx of project proposals from Chinese and Japanese firms. Trade and Industry Secretary and BOI chair Ramon Lopez said the investment commitments approved by the agency are likely to post a […]
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Thailand
