Singapore remained the largest foreign investor in Indonesia during the first half, with investments of US$3.4 billion comprising 5,348 projects, according to the latest investment data issued by the Investment Coordinating Board (BKPM) on Tuesday. During the same period, Japan was the second-largest with investment of $2.4 billion comprising 3,708 projects, followed by China as […]
Read MoreThe Bank of Thailand and commercial banks have initially agreed to set a lending guidance by capping a borrower’s debt-service ratio (DSR) at 70% for those earning up to 30,000 baht a month. The move is to keep a lid on the country’s household debt, warding off potential financial stability risks and standardising loan extensions. […]
Read MoreVietnam has climbed up three places to 42nd in the 2019 Global Innovation Index, behind Singapore and Malaysia in Southeast Asia. The country has performed better than some of its Southeast Asian neighbors on the global list, moving ahead of Thailand (43rd), the Philippines (54th), Indonesia (85th) and Cambodia (98th). Singapore (8th) and Malaysia (35th) […]
Read MoreYANGON, Myanmar Tourist arrivals in Myanmar are on the rise despite international condemnation over its military’s systematic campaign of violence against the country’s Rohingya Muslim minority. The growing debate over a tourism boycott is vexing tourists, and the Rohingya exodus obviously contributed to a downturn in the arrival of tourists from European and western countries. […]
Read MoreThe baht is expected to remain firm to the US dollar for the remainder of this year as offshore funds continue flowing into long-term Thai bonds, even though the Bank of Thailand recently imposed measures to curb the inflows, says a Kasikornbank (KBank) senior executive. The central bank’s measure to narrow the cap on the […]
Read MoreSINGAPORE – Private home prices rose 1.5 per cent in the second quarter of this year after a 0.7 per cent decline in the previous quarter, lifted by non-landed properties in prime and city-fringe locations, according to data released by the Urban Redevelopment Authority (URA) on Friday (July 26). The increase was higher than URA’s […]
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Thailand
