The baht is likely to appreciate further as the local currency is less sensitive towards global risks, with limited room to manoeuvre Thailand’s monetary policy seen as an attribute, says Kasikornbank (KBank). The baht’s value is less prone to external volatility compared with other currencies in Asian emerging markets because the local currency’s fundamentals are […]
Read MoreThe Hanoitimes – Human resources are the most valuable asset of a country, so the key issue would be to reform education at university level and vocational school, in turn improving the quality of the education system in overall, said World Bank’s expert. The World Bank (WB) is willing to support Vietnam’s efforts to move […]
Read MoreSINGAPORE factory output plunged by 8 per cent year on year in August, extending the Republic’s manufacturing decline into its fourth month. Industrial production was dragged down by the struggling electronics sector, according to statistics released by the Economic Development Board on Thursday. Excluding output from the volatile biomedical manufacturing sector, manufacturing fell by 12.4 […]
Read MoreThe Asian Development Bank (ADB) has released its report on economic outlook of the region, including Myanmar, for this year. The Asian Development Outlook 2019 Update report, released on Wednesday in Manila, provides analysis of macroeconomic issues in developing Asia, including new growth forecasts by country and region for 2019 and for 2020. In the […]
Read MoreLao economic growth will remain moderate in 2019 and 2020, as expansion in the industry and services sectors softened in the first half of 2019 due to fewer international visitor arrivals, according to a new Asian Development Bank (ADB) forecast. Additionally, the near stagnation in electricity exports and generation despite a slight recovery in the […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is set to further lower its inflation forecast for this year despite the recent attack on the oil production facilities in Saudi Arabia. BSP Governor Benjamin Diokno said on the sidelines of the Finovation 2019 organized by leading online financial marketplace eCompareMo.com, the central bank would […]
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Thailand
