The central bank is expected to leave its policy interest rate near the record low again on Wednesday to encourage more broadly-based economic growth at a time inflation remains low. All 21 economists in the poll predicted the Bank of Thailand (BoT)’s monetary policy committee (MPC), unlike some Asian central banks that have hiked this […]
Read MoreThe Hanoitimes – Vietnam`s vision of attaining high-income country status by 2035 means a move to a more sophisticated economy and export products necessary to sustain accelerated growth, said the World Bank`s latest report titled Taking Stock. Trade costs and competitiveness as reform priorities Vietnam reached the highest trade-to-GDP ratio in the developing world at 190% […]
Read MoreNearly one-third of Thai employees are likely to leave their firms in the next 12 months as a result of digital transformation, according to a recent survey commissioned by Workday, a cloud-based human resource and financial application company. The study, titled “The Drive for a Digitally Enabled Workforce”, found that 63% of employees in Thailand expect […]
Read MoreThe next Cambodia, Laos, Myanmar, Vietnam (CLMV) Summit will be held in Vientiane in 2020 when Laos will chair the summit, while Cambodia will chair the 9th Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) Summit. The host countries for the next summits were announced after the close of the 8th ACMECS and 9th CLMV summits held […]
Read MoreChina’s Yunnan province woos greater trade with South and Southeast Asia The Belt and Road Initiative (BRI) will not lead to a debt crisis for countries that borrow money from China to finance infrastructure projects, Li Jiming, director-general at Foreign Affairs Office of Yunnan province of China, said. He was speaking at a press conference […]
Read MoreLeaders of Cambodia, Laos, Myanmar, and Vietnam (CLMV) on Saturday pledged to strengthen cooperation in a number of priority sectors. The CLMV Summit was held on Saturday in Bangkok, bringing together high-ranking officials from each participating nation. Hun Sen, the Cambodian Primer Minister, told reporters after the summit that the countries have agreed to work […]
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