Central bank Bank Indonesia (BI) welcomed the good result of the assessment of the International Monetary Fund (IM) of Indonesia’s economy in 2016. The IMF considered that Indonesia has managed to keep the stability of its macro economy and adjusted to the external changes. “We appreciate and welcome the assessment by the IMF,” said BI […]
Read MoreAirlines that are raising fares to cover higher jet fuel costs after a tax increase are charging too much, says a government spokesman. The airlines, meanwhile, are taking issue with the government’s calculations. Lt Gen Sansern Kaewkamnerd was responding reports that four budget airlines would lift domestic fares by 150 baht to cover higher fuel […]
Read MoreKASIKORNBANK has extended Bt3 billion in a syndicated loan to Laos’ state power enterprise to finance the enhancement of its electricity grid and expansion into the country’s rural areas, as well as power exports to adjacent countries. The move marks KBank’s growing role in public-utility development in Thailand’s neighbouring countries, where there is vast room […]
Read MoreFIFTY agribusiness participants from both the government and private sectors received certificates of achievement yesterday at the closing ceremony of the Second Workshop on Facilitating Agribusiness Development in Brunei Darussalam. Held at the Horticulture Business Centre, Rimba, the event saw the Permanent Secretary at the Ministry of Primary Resources and Tourism, Dr Haji Abdul Manaf […]
Read MoreThe nation’s consumer price index (CPI) increased by 0.46 per cent in the first month of this year, the highest month-on-month increase recorded over the two years, the General Statistics Office (GSO) announced yesterday. The January’s CPI also experienced a year-on-year rise of 5.22 per cent, much higher than 1-per-cent growth seen in same period […]
Read MoreKUALA LUMPUR: Malaysian food exporters to the US will likely need to undergo auditing process on their factories and record keeping procedures when the US government starts enforcing the Foreign Supplier Verification Programme (FSVP) rule from May 2017 onwards. The Malaysia External Trade Development Corporation (Matrade) said on Friday the FSVP rule to be enforced […]
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Thailand
