BENGALURU: Investors turned more bearish on some Asian currencies and trimmed long bets on others over the past two weeks, a Reuters poll showed, as caution prevailed over prospective further dovish approach by key global central banks and their Asian counterparts. Investors, however, turned bullish on the Malaysian ringgit for the first time since mid-April. […]
Read MoreThe latest data has pointed to a further deterioration in manufacturing conditions across Asean at the start of the third quarter, according to the headline IHS Markit Purchasing Managers’ Index. The headline index fell from 49.7 in June to 49.5 in July, signalling a second successive monthly deterioration in operating conditions at Asean manufacturers. Furthermore, […]
Read MoreDespite healthy GDP growth, the Southeast Asian property market still has investment barriers and a lack of data, says Credit Suisse. “There is a lot of economic growth in Southeast Asia, but the property market is not very transparent compared with places like Australia and the US, where rules, regulations and tax policies are easy […]
Read MoreThe rise of digital technology has helped the information and media sector to deepen the relations between China and Southeast Asian countries, allowing these countries to build a shared community and future together, according to senior officials attending the Asean-China High Level Media Forum held last week in Jakarta. Asean secretary-general Lim Jock Hoi said […]
Read MoreHCM CITY — Collaboration on innovation, science and technology across countries and across industry sectors should be strengthened to adapt to a rapidly changing world, speakers said on Thursday at an international conference. More than 1,000 representatives from government agencies and business associations participated in the 2019 ASEAN-China Smart Industry Conference. Han Mei, deputy general secretary of the Trilateral Cooperation Secretariat […]
Read MoreGROWTH forecasts for several Asean markets have been lowered by the Asean+3 Macroeconomic Research Office (AMRO) in its July monthly update, on the back of continuing weakness in manufacturing and export figures. In its June update, AMRO lowered its baseline growth forecast for Asean+3 as a whole to 4.9 per cent in 2019 and 2020, […]
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Thailand
