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Thailand: 90-day visas floated for medical tourists

The Medical Hub Policy Administration Committee has proposed granting a 90-day visa-free stay to Japanese and US nationals who enter the country for medical services, according to Deputy Prime Minister and Public Health Minister Anutin Charnvirakul. He said the decision is intended to promote medical tourism as part of the government’s policy of developing Thailand […]

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Thailand – KBank: Baht can go higher

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 […]

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Singapore factory output plunges by 8% in August, damning hopes of recovery

SINGAPORE 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 […]

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Myanmar on track for economic growth, says ADB

The 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 […]

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