The number of retail cryptocurrency traders in Thailand continues to skyrocket with 24,000 new accounts created in one week in April following the Securities and Exchange Commission’s (SEC) approval for Bitkub to resume accepting new accounts. The number of people who participated in the SEC’s Crypto 101 Fundamentals course via the regulator’s Facebook fanpage, of […]
Read MoreEasing monetary and fiscal policies in combination with institutional reforms are the way for Vietnam to ensure sustainable and rapid economic growth amid global uncertainties. Breakthroughs in institutional reform along with easing monetary and fiscal policies would help Vietnam’s GDP growth to average 6.76% in the 2021-2023 period, with the growth rate this year of […]
Read MoreThe coronavirus disease 2019 (Covid-19) pandemic is endangering progress made in reducing poverty and inequality here and abroad. Former Social Security System president Corazon de la Paz-Bernardo, citing a report from the World Economic Forum (WEF), said the immediate human and economic cost of Covid-19 is severe. “It threatens to scale back years of progress […]
Read MoreKUALA LUMPUR: RAM Ratings has raised its full-year inflation projection for 2021 to 3% from 2.3% previously due to higher Brent crude prices. The ratings agency said in statement it had raised its price estimate on Brent crude to US$60 a barrel from US$45-50 a barrel this year. “Oil prices have been stronger than expected […]
Read MoreThe central bank would continue to monitor the economic performance to adjust monetary policy accordingly, with the aim of keeping the inflation rate around 4% for this year. Vietnam’s credit growth as of April 16 reached 3.34% against late 2020 and a surge of over 15% compared to the same period of last year. The […]
Read MoreVientiane (VNA) – Lao Prime Minister Phankham Viphavanh has ordered a lockdown on the capital of Vientiane since 6am on April 22 in the wake of increasing COVID-19 cases. The lockdown will be in place until May 6. Travel from Vientiane to other provinces and from other provinces to the capital is prohibited, except for permanent residents of the capital who […]
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Thailand
