The Stock Exchange of Thailand (SET) index on Monday fell over concerns of a political gridlock following Sunday’s general election, but the baht’s value strengthened as investors offloaded their US dollar holdings. Thailand’s benchmark index closed at 1,625.91 points, down 20.38 points or 1.24%, in turnover worth 47 billion baht. A dip in Thailand’s stock market […]
Read MorePETALING JAYA: While the Malaysian economy may not be as sluggish as initially feared, there is little optimism that the country will be able to do better than last year. Leading indicators, which economists say are an accurate gauge of economic performance in the months ahead, signalled a pick-up in growth towards the end of the second quarter. However, concerns […]
Read MoreThe textile industry is seeking the government’s protection from high growth of imports as the sector could not compete in both domestic and international markets. According to data from Statistics Indonesia (BPS), export growth in the textile industry has been just 3 percent annually over the last 10 years, while import growth was 20 percent […]
Read MoreEncouraging the use of riel will help contribute to Cambodia’s economic growth despite low usage rates in the Kingdom’s economy, according to National Bank of Cambodia (NBC) deputy governor Neav Chanthana. According to a joint survey by NBC and the Japan International Cooperation Agency (Jica), the ratio of Cambodian riel in the income and expenditure […]
Read MoreTHE FINANCIAL services industry is undergoing a perfect storm of transformation caused by changes in the regulatory environment, intense competition from fintech startups and increased investments in digital tools by traditional players. Predicting the future is a tough task and in an industry that’s changing as fast as financial services, that’s even harder, but as […]
Read MoreMANILA, Philippines — The Bureau of Customs (BOC) said yesterday it has released new guidelines to facilitate the processing of electronic Certificates of Origin (e-CO), a move which is seen to ease trade regulations between the Philippines and other member-countries of the Association of Southeast Asian Nations (ASEAN). Customs commissioner Rey Leonardo Guerrero issued last March 18 a customs memorandum order […]
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Thailand
