The Bank of Thailand’s decision to ease its key policy rate for a second time in 2019 and introduce measures to curb the strength of the baht will reduce the need for further easing in 2020 in our view. As such, we now forecast the central bank will keep its policy rate on hold through […]
Read MoreFinance Minister Sri Mulyani Indrawati says she sees the glass half full, with tax collection showing early signs of recovery after 10 months of being sluggish. “We are monitoring tax revenue on a monthly basis. Some [types of taxes] recorded a turning point [in revenue growth],” said Sri Mulyani in Jakarta on Monday. Workers’ income […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is set to launch peer-to-peer transactions using the national quick response (QR) code, as it expands the list of government transactions covered by electronic payments. Vicente de Villa, managing director of the BSP’s Financial Technology Sub-Sector, said the use of QR codes for peer-to-peer transactions would […]
Read MoreThe coastal province of Preah Sihanouk will soon be home to four more special economic zones, bringing the total number of industrial parks there to nine, the prime minister said Saturday. Speaking at the groundbreaking ceremony for an ambitious road restoration project, Prime Minister Hun Sen said the new industrial parks will open soon, helping […]
Read MoreSINGAPORE’S exports dropped by an unexpected double digit in October, but a bottoming electronics sector has prompted private-sector economists to adjust upward their growth forecasts for gross domestic product (GDP) in the third quarter. Maybank Kim Eng economists are looking at a final GDP growth figure for July-September of 0.8 per cent year-on-year – higher […]
Read MoreVietnam’s management efficiency in granting certificates of origin for enterprises needs to be improved to reduce trade frauds, Minister and Chairman of the Government Office Mai Tien Dung has said. The state should continue to create favourable conditions for enterprises in the production and export of goods in accordance with international commitments in free trade […]
Read More
Thailand
