Nine commercial banks have sought liquidity support worth a total of 56 billion baht for their purchases of mutual fund units through the Bank of Thailand’s Mutual Fund Liquidity Facility (MFLF) as of April 24, according to central bank data. The MFLF has already provided assistance to 30 mutual funds over the same period, the […]
Read MoreThe coronavirus crisis has battered new business registrations, with the figures down 12% year-on-year in March. Vuttikrai Leewiraphan, director-general of the Business Development Department, said yesterday that business registrations totalled 6,066 last month, down from 6,876 in March 2019. On a monthly basis, registrations fell 5% from 6,407 in February. The amount of registered capital […]
Read MoreThe inflow of foreign direct investment (FDI) into the real estate sector in Cambodia was estimated at more than $437.3 million in 2019, according to data from the just-issued National Bank of Cambodia’s (NBC) Annual Banking Supervision Report 2019. Among the total inflow of FDI into the real estate sector, China had the largest investments […]
Read MoreMany people still plan to buy Islamic goods and fashion items for the Ramadan fasting season despite an overall decline in consumer spending caused by growing financial insecurity amid the COVID1-19 pandemic, a survey has indicated. While fashion items remain on consumers’ shopping lists, purchases of recreational and luxury items such as jewelry and smartphones […]
Read MoreMANILA, Philippines — The Sugar Regulatory Administration maintains that supply of sugar in the country is sufficient even if local production is seen to hit its 10-year low and further decline in the next crop year. Local sugar production is expected to dip 3.5 percent to 2.025 million metric tons. A sugar crop year starts […]
Read MoreSINGAPORE – An ongoing survey has found that 90 per cent of employees here wish to continue working from home in some capacity after the circuit breaker ends. Across some 2,700 respondents as of April 28, 10 per cent said they would want to continue working from home for a quarter of their usual working […]
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Thailand
