THE BAHT is expected to reverse course in the next few months, and the central bank is likely to raise the key interest rate in September, Tim Leelahaphan, an economist at the Standard Chartered Bank Thailand, has forecast. Closely monitored risk factors to the economy include trade tensions and the impact of the boat tragedy […]
Read MoreEconomists and deputy minister don’t think country will be adversely affected THE WORLD’S second-largest economic juggernaut is now walking a thin tightrope – economically speaking that is. Touted as one of the fastest-growing economies post-millennium, China has been witnessing rising internal and external headwinds in recent times, even as its economic growth in 2017 outperformed […]
Read MoreMANILA, Philippines — Economists of private banks expect higher inflation over the next three years amid higher and volatile global oil prices, weak peso, and the effects of the implementation of the tax reform program. A survey conducted by the Bangko Sentral ng Pilipinas (BSP) showed higher mean inflation forecasts of 4.5 percent for this […]
Read MoreAsian emerging economies, particularly Thailand and others in Southeast Asia, are considered to be in a stronger position financially than their global peers to weather risks from rising US interest rates. Four of the top eight economies on a vulnerability index by Thailand’s Bank of Ayudhya Plc are from Southeast Asia, with only Indonesia falling […]
Read MoreCan Indonesia follow in the footsteps of China to become a force to reckon with in the digital economy? If it plays its cards right, it appears so. According to a report by UOB analysts, these are some factors that Indonesia has going for it: Strong startup scene: Indonesia’s four domestic-based unicorns Go-Jek, Traveloka, Tokopedia, […]
Read More(KPL) The compensation for the losses of people’s property and houses to pave the way for the development of the Vientiane Highway running parallel to the Kaysone Phomvihane Road has been estimated to be at least 40 million US dollars. Negotiation is underway between relevant authorities and potential affected families, Director of Natural Resources and […]
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Thailand
