JAKARTA – Indonesia attracted 855,545 foreign tourists in November, up 18.32% from a year earlier, the statistics bureau said on Tuesday. That compares with October’s growth pace of 15.62%. The total number of visitors in November, including those passing through Indonesia’s borders from neighbouring countries and foreign workers with permits for less than one year, […]
Read MoreHANOI – Shares of Vietnam Airlines surged 40% on their stock market debut on Tuesday, valuing the firm at $2.1 billion, as investors sought exposure to the flagship carrier to tap into strong air travel growth in the Southeast Asian nation. A strong stock market showing could prove beneficial to the Vietnamese government’s stake divestment […]
Read MoreSingapore’s economic growth quickened to the fastest pace in more than three years last quarter as manufacturing and services rebounded. Key points Gross domestic product rose an annualised 9.1% in the three months to December from the previous quarter, when it declined a revised 1.9%, the Trade Ministry said in a statement on Tuesday The […]
Read MoreOfficials, analysts express doubts that the overarching ambition to escape from the middle-income trap through high technology will be achieved any time soon. By Apornrath Phoonphongphiphat The government has launched a new flagship policy that will be the master plan to free Thailand from the middle-income trap, making it a high-income nation in five years. […]
Read MoreThe baht strengthened by 0.5% in 2016 to between 34.50 and 36.40 baht to the dollar, according to the research unit of Kasikornbank. The local currency appreciated in the first quarter of 2016 when it remained unclear when the Federal Reserve raise its policy interest rate but had since eased as the trend became clearer. The local […]
Read MoreTo achieve its target, the government plans to issue three new laws known as BoI Plus to grant greater privileges to new investors, writes Lamonphet Apisitniran Investment remained a government priority in 2016, mostly through strong promotion by the Board of Investment (BoI). The government plans stronger investment promotion in 2017, plus legal amendments and […]
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Thailand
