CHIANG MAI: Thailand’s central bank sees no need to quickly adjust its monetary policy, despite expecting lower economic growth this year, the governor said yesterday. Monetary policy decisions will still depend on economic data, Bank of Thailand (BoT) governor Veerathai Santiprabhob told reporters in the northern city of Chiang Mai. “We don’t need to react […]
Read MoreMANILA, Philippines — The national government’s spending on infrastructure slightly recovered in May, posting almost six percent year-on-year growth due to the implementation of foreign-assisted projects and military modernization program, according to the Department of Budget and Management. According to the DBM’s latest disbursement performance report, the government’s infrastructure and capital outlays climbed by 5.9 […]
Read MoreASIAN markets retreated on Monday and the dollar held gains after a blockbuster US jobs report dashed hopes that the Federal Reserve (Fed) would slash interest rates this month. Labor Department data showed that despite recent disappointing indicators, the world’s top economy continues to show resilience as it created far more posts than expected in […]
Read MoreThe Cambodia Chamber of Commerce (CCC) recently noted that investors are facing difficulties finding warehouse space to rent at special economic zones in the country. For in depth analysis of Cambodian Business, visit Capital Cambodia CCC’s vice president Lim Heng told Khmer Times that the rapid rise of investment going into the country has left little warehouse space […]
Read MoreAs Bangkok condo supply is in a surplus and tenants are seeking units with lower rents, condos in outer-city locations along the extensions of mass transit lines are more attractive for a buy-to-let investment than those in inner-city areas. Thana Torsahakul, chief executive of Primo Service Solution Co, a property consultant and subsidiary of SET-listed […]
Read MoreGrab Thailand has become the latest to join the fintech frenzy, aiming to launch an e-wallet in partnership with Kasikornbank (KBank) this month, backed by data from users and drivers to reach Thais who do not have bank accounts. By entering the digital payments sector, Grab will build upon its long-stated goal of becoming a […]
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