PETALING JAYA: The FBM KLCI is set to enter 2020 with high caution, amid concerns of domestic political uncertainty and poor policy implementation, according to UOB Kay Hian Malaysia Research. This is coupled with an expected slowdown in domestic consumption, in response to inadequate pro-growth policy actions and a protracted US-China trade war. In a strategy […]
Read MoreSmaller firms may delay investment and recruitment next year because of the recent minimum wage increase of 5-6 baht per day, says the Federation of Thai SMEs. Last Friday, the national wage committee agreed to hike the daily minimum wage from 308-330 baht to 313-336 baht. The panel will propose the rise to the cabinet […]
Read MoreMagnolia Quality Development Corporation (MQDC), a property developer, is increasing its investment in The Forestias on Bang Na-Trat Road KM7, expanding the project size by 35 billion baht to a total of 125 billion baht. The company aims to make the project a global prototype for town development. The increased investment makes The Forestias the […]
Read MoreThe Hanoitimes – Vietnam must grasp opportunities from the internet economy, which is estimated to have a combined value of US$100 billion in Southeast Asia, and is on track to increase by three-fold in the next five years, said a government official. A stronger push for e-payment would not only boost liquidity in the economy, prevent […]
Read MoreThe Ministry of Commerce yesterday announced that two more provinces have started issuing the D form of the certificate of origin on a trial basis. Preah Vihear and Pursat provinces can now issue the form, which is seen as an important tool to save time and costs for exporters. The ministry is delegating the issuance […]
Read MoreCredit card issuers have proposed the Bank of Thailand lower the credit line of cardholders joining the central bank’s new refinancing scheme and waive loan-loss provision requirements for participants in return for an interest rate cut to 7-12%, says a source in banking circles. Those who want to take part in the scheme must agree […]
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Thailand
