Landlords in the hotel sector have raised concerns about the government’s policy to confiscate vacant land which has not been utilised for 10 years as there are no proper schemes or environment-related laws from state authorities to help develop the land for public benefit. Marisa Sukosol Nunbhakdi, president of the Thai Hotels Association (THA), said even […]
Read MoreJapan, South Korea, France, and Germany are the largest creditors of Vietnam. Vietnam’s public debt was on a steady decline during the past five years from 61.4% of the GDP in 2017 to 43.1% in 2021, significantly lower than the 60%-threshold limit set by the National Assembly. Given the country’s nominal GDP in 2021 at […]
Read MoreINDONESIA is expected to continue bucking the trend of monetary policy tightening although signs that the government may boost fuel prices could convince the central bank to signal a readiness to act to tame inflation. Bank Indonesia will keep its 7-day reverse repurchase rate at 3.5 per cent on Tuesday (Aug 23), according to 24 […]
Read MoreAuthorities are keeping a close watch on at least 10 cryptocurrency trading platforms which it suspects might be engaging in illegal share manipulation. Economic Crime Suppression Division (ECD) commander Pol Maj Gen Phuthidej Boonkraphue, said his office has been keeping an eye on the activities of cryptocurrency trading platforms listed on the Stock Exchange of Thailand […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) sees the country’s gross domestic product (GDP) growth decelerating further in the third quarter after a slower-than-expected performance in the second quarter. Despite the projected slowdown, the BSP said in its latest Monetary Policy Report that the GDP would settle within the revised 6.5 to 7.5 […]
Read MoreThe retail prices of regular-grade petrol and diesel respectively increased by 1.08 per cent and two per cent on August 21, according to a notice issued by the Ministry of Commerce. For the August 21-31 period, the retail selling prices of fuel in the Kingdom have been set at 4,700 riel or $1.14 per litre […]
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Thailand
