THE need for financial stability, one of the three main objective of the Bank of Thailand (BOT), is keeping monetary policymakers in the South-east Asian nation from raising interest rates too fast. While trends in economic growth and inflation may support the case for a faster monetary policy normalisation, doing so would unhinge financial stability, […]
Read MoreJAKARTA, Oct 3 (Reuters) – Indonesia’s inflation rate in September accelerated to its highest since October 2015 due to higher transportation costs following a fuel price hike, statistics bureau data showed on Monday. The headline annual inflation rate rose to 5.95% in September, up from 4.69% in August, but came in slightly lower than a […]
Read MoreVietnam’s GDP growth in 2022 and 2023 will be among the highest in Southeast Asian as shown in many international organisations’ forecasts and assessments on the Vietnamese economic outlook. Moody’s, the World Bank (WB), the International Monetary Fund (IMF), and the Asian Development Bank (ADB) have projected Vietnam will achieve a GDP growth of 8.5%, […]
Read MoreMANILA, Philippines — Inflation likely accelerated in September as the peso slumped to record low levels, coupled with higher food prices and more expensive electricity, according to economists. Bank of the Philippine Islands chief economist Jun Neri said inflation may have quickened to seven percent last month after easing to 6.3 percent in August from […]
Read MoreIt’s fair to say there exists a level of social and economic inequality within Asean. Following the 1997 Asian financial crisis that exposed Asean’s vulnerability to cross-border capital flows, the region has undergone a significant transformation, from a bloc of mostly underdeveloped and developing countries to one with the world’s most dynamic economies collectively. However, […]
Read MoreAFTER a two-year hiatus due to the Covid-19 pandemic, the Formula 1 Singapore Airlines Singapore Grand Prix 2022 saw a record crowd of 302,000 over the race weekend (Sep 30 to Oct 2). This is the highest attendance the event has seen since its inception in 2008. According to promoters Singapore GP, foreign visitors accounted […]
Read More
Thailand
