The steering committee of the EEC Development Policy last week acknowledged the proposal of the Digital Economy and Society Ministry to develop the digital and communications infrastructure on the Eastern Economic Corridor with a budget of more than Bt17.913 billion. The committee meeting was chaired by Prime Minister Prayut Chan-o-cha. Kanit Sangsubhan, secretary-general of the […]
Read MoreSINGAPORE shares opened sharply lower for a third straight session on Monday following Friday’s bond selloff on Wall Street and Sunday’s decision by the People’s Bank of China to loosen monetary policy for a fourth time this year. At 10.45am, Singapore’s Straits Times Index was down 0.7 per cent, or 21.64 points, at 3,188.15. The Shanghai Composite […]
Read MoreThe Hanoitimes – Vietnam’s commitments to increase foreign equity caps in the telecommunications sectors under the EU-Vietnam Free Trade Agreement (EVFTA) will ease European investors to enter the country’s industry. Under the EVFTA, which is expected to take effect next year, in the telecom sector, Vietnam will raise the foreign equity cap in non-facilities based virtual […]
Read MoreThe Eastern Economic Corridor (EEC) Policy Committee on Wednesday approved four infrastructure projects worth a combined 432.85 billion baht, with terms of reference (ToRs) scheduled to be launched within this month. The four projects are the U-tapao aviation city (worth 290 billion baht); a maintenance, repair and overhaul (MRO) centre (10.59 billion); the third phase of […]
Read MoreSmall- and Medium Enterprises (SMEs) in Cambodia will receive tax incentives as the government intends to promote their development to create jobs and increase domestic production capacity. The sub-decree on tax incentives for SMEs in priority sectors, signed by Prime Minister Hun Sen on October 2, identifies six priority sectors – agro-industry and food production […]
Read MoreMANILA, Philippines — Standard Chartered Bank expects the Bangko Sentral ng Pilipinas (BSP) to deliver two more rate hikes this year as inflation is expected to peak at 7.4 percent in December. Chidu Narayanan, economist for Asia at Stanchart, said the central bank is expected to respond to higher inflation, breaching seven percent in the […]
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Thailand
