BANGKOK: A seasonal downturn in Thailand’s baht driven by dividend outflows and a lack of tourists could be worse than usual this year amid rising global bond yields and less liquidity, according to Kasikornbank Pcl. A dropoff in tourists after the Songkran festival in mid-April and payouts to foreign stock investors usually spell declines for the […]
Read MoreMANILA, Philippines — The national government borrowed P47.66 billion from domestic and foreign lenders in January, nearly 22 percent higher than the P39.13 billion recorded in the same period in 2017, according to the Bureau of the Treasury (BTr). Of the amount, P19.98 billion came from foreign lenders, slightly lower than the P20.04 billion recorded […]
Read MoreA CHANGING economic landscape is the driving force for reform in Thailand’s higher education system, with the Thailand 4.0 economic strategy prompting universities to adapt curricula to meet government policy and industrial demand. In early February King Mongkut’s Institute of Technology Ladkrabang (KMITL) and Chulalongkorn University (CU), both public institutions based in Bangkok, announced they […]
Read MoreCybercrime is relentless, undiminished, and unlikely to stop, thus presenting a cybersecurity threat and potential revenue losses for every businesses, according to a recent study. Cyber crime cost the Asia Pacific region US$171 billion (Bt5.34 trillion) in damages, almost a third of the global total of $544.5 billion, found the study by the Centre for […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia Governor Agus Martowardojo was present in the annual ASEAN Central Bank Governors and Financial Ministers meeting on April 6, 2018, in Singapore. The meeting highlighted a theme of Resilience and Innovation. “Bank Indonesia supported the strategic action plan to create a stable, integrated, and inclusive regional financial sector,” Agus said in a […]
Read MoreMANILA, Philippines — The Asian Development Bank (ADB) is planning to boost infrastructure investments in ASEAN, in a bid to capitalize on the economic growth in the region. “ADB will increase financing throughout the ASEAN region, based on its eight principles for infrastructure investment,” ADB president Takehiko Nakao said in a speech at the 21st […]
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