Real estate insiders are concerned about the effect that China’s decision to restrict large-scale capital outflows is having on the Kingdom’s market. Two years ago, China implemented a set of policies that imposed additional restrictions on outbound investment. The aim was to address concerns about large-scale capital outflows and mitigate perceived risks to China’s financial […]
Read MoreSINGAPORE: Singapore’s exports in August shrank for the sixth straight month, but the drop was less than analyst forecasts, official data showed on Tuesday. Non-oil domestic exports (NODX) last month fell 8.9% year-on-year as electronics shipments fell 25.9%, data from the trade agency Enterprise Singapore showed, compared with a revised 11.4% decrease in July. A […]
Read MoreThe Energy Ministry plans to use 1.5 billion baht from the state Oil Fund to support local oil prices, expected to rise one baht per litre in the short term after 10 drones struck Saudi oil facilities on Saturday. The plan is an urgent agenda item for the Energy Policy Administration Committee (Epac) meeting on […]
Read MoreIndonesia posted a trade surplus of US$85.1 million in August in a reversal from the trade deficit it recorded the previous month, according to the latest data from Statistics Indonesia (BPS). “In August 2019, exports fell, but imports fell even more sharply in value,” BPS head Suhariyanto said on Monday in Jakarta, explaining the surplus. […]
Read MoreThe baht continued its upward trend, appreciating to Bt30.42 to the US dollar on Friday, up from Bt30.67 the previous Friday, after having risen to a six-year high of Bt30.36 at some time during the day. Regional currencies also moved up against the US dollar as markets expressed relief about the trade war and the […]
Read MoreExperts warn that the retail price of oil is likely to rise Bt1-2 per litre following the weekend attack on Saudi oil facilities, with some calling on the government to subsidize the price. The world oil prices jumped 15-19 per cent on Monday following Saturday’s attack.. “It could translate into retail oil prices going up […]
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Thailand
