The International Institute for Trade and Development forecasts that Thailand’s border trade will see growth of 4 per cent in 2019 compared with this year, reflecting sustained demand for Thai products from neighbouring countries, the institute’s director and secretary, Kamalinne Pinitphuvadol, said yesterday. He said that from January to August this year, the border trade […]
Read MoreVientiane (VNA) – Vietnamese-funded projects have contributed to Laos’ socio-economic development and human resources improvement in particular, Lao Deputy Minister of Education and Sports Boualien Silipanya has affirmed. The Deputy Minister made the confirmation at a ceremony in Vientiane on December 18 to hand over four works using the Vietnamese Government’s non-refundable aid to the Lao […]
Read MoreThe swelling trade and current account deficits are a serious matter for the country’s economy as it will negatively affect the rupiah’s performance and the country’s resistance to the external pressure triggered by global economic uncertainty, economists say. “The US$7.5 billion trade deficit is not a simple thing. Trade deficits occurred in eight out of the […]
Read MoreLow-cost airline AirAsia remains committed to expanding into Myanmar as part of its regional strategy in Indo-China, Riad Asmat, the firm’s CEO, said. “Indo-China is still very untouched in terms of the possibilities for AirAsia. That includes Myanmar, Laos and Cambodia. For example, we currently fly around seven destinations and 13 routes. We want to […]
Read MoreValue-added tax (VAT) refunds for next year’s Chinese New Year shopping will be funded by the 2020 annual budget, says the Fiscal Policy Office (FPO) chief. Those who qualify for the VAT refund will receive the return by next November, so it is practical to use the 2020 annual budget expenditure to finance the scheme, […]
Read MorePETALING JAYA: The inflation rate rose at a slower pace of 0.2% in November from a year ago compared with a Bloomberg forecast of 0.4% as fuel-related inflation declined due to weaker crude oil prices. The Statistics Department said yesterday the increase in the consumer price index (CPI) was due to housing, water, electricity, gas […]
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Thailand
