KUALA LUMPUR: Bank Islam Malaysia Bhd expects Bank Negara Malaysia (BNM) to cut its overnight policy rate (OPR) by 25 basis points (bps) at the upcoming Monetary Policy Meeting scheduled for March 4. Chief economist Dr Mohd Afzanizam Abdul Rashid said the reduction projection was due to the visibility of economic uncertainties following the reintroduction […]
Read MoreForeign investment applications in Thailand dropped 54% to 213 billion baht in 2020 as companies were deterred by the coronavirus pandemic, while this year’s outlook remains uncertain, the Board of Investment (BoI) said on Wednesday. Japan remains Thailand’s biggest investor, with projects worth 76 billion baht, followed by China’s 31 billion baht of pledges and […]
Read MoreHANOI: Vietnam said on Tuesday it plans to impose anti-dumping duties on raw sugar that originates in Thailand, claiming soaring imports are undermining its domestic sugar industry. The Vietnamese Industry and Trade Ministry said a 33.88% levy would apply on Thai sugar, but a timeframe for when it will come into force has yet to […]
Read MoreLONDON, United Kingdom — The Philippine Statistics Authority (PSA) released last week the inflation figures for January. The agency reported that inflation for the month was at 4.2% the fastest in 2 years. While these figures are concerning, especially during a recession when you need households to spend, it is highly likely that headline inflation […]
Read MoreSINGAPORE: Countries could relax border controls and allow more travel if there’s a set of standards for vaccine certification that immigration authorities can use to help determine entry policies, Singapore Transport Minister Ong Ye Kung said. “That is really the light at the end of the long tunnel, ” Ong said in an interview with […]
Read MoreBeleaguered Preah Sihanouk province will receive a major boost in terms of commercial development, post-COVID tourism, housing and employment following approval of the construction of a new city. Surbana Jurong’s sustainable development master plan to develop the 834 hectare Ream City” has been approved by Canopy Sands Development, a member of Prince Holding Group. The […]
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Thailand
