The Bank of Thailand left its key interest rate unchanged on Wednesday, as expected, maintaining support for a fragile economic recovery facing global risks. The BoT’s seve-member Monetary Policy Committee unanimously voted to hold the one-day repurchase rate at 0.50%, where it has been since May 2020, for a 15th straight meeting. All 22 economists […]
Read MoreTHE Philippines is among the commodity-dependent group of emerging markets (EM) with generally good fundamentals that will profit once commodity prices fall following the Russia-Ukraine conflict, according to analysts at Nomura Securities Ltd. Nomura analysts Rob Subbaraman and Si Ying Toh wrote in a research released on Tuesday that they have recently changed to a […]
Read MoreReal estate mergers and acquisitions (M&A) are expected to be a good source of funds in 2022, as these activities are likely to increase in terms of frequency and value this year. Vietnam has an active M&A market. In 2021, real estate businesses received more than $31 billion of registered foreign direct investment (FDI); however, […]
Read MoreWITH Singapore and Malaysia fully reopening their international borders from Apr 1, UOB Kay Hian (UOBKH) is anticipating their aviation sectors to chart a strong recovery in passenger volumes and earnings over the immediate years to come. Both countries’ aviation sectors have been maintained at “market weight”. UOBKH projects Malaysia’s passenger traffic volumes to regain […]
Read MoreThe cabinet on Tuesday approved revoking the subsidy on premium diesel used in luxury cars, effective from April, in a move to save on budget expenses. Rachada Dhnadirek, deputy government spokeswoman, said the cabinet’s move also aims to reduce the financial burden on the state Oil Fund, which currently subsidises the diesel price at 8 […]
Read MoreThe government of Laos has opened a bidding process to purchase over a hundred electric vehicles for Party and government leaders. A ceremony for the opening of the bid took place in Vientiane Capital last week, KPL reports. The government hopes to purchase a fleet of 183 electric vehicles, including 23 electric vehicles with 121KW-163KW motor power, […]
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Thailand
