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BUSINESS

Economic recovery to continue but still fragile - BoT minutes

Reuters, Published on 23/02/2022

» Thailand's economy would continue to recover in 2022, but a rebound would remain fragile and uneven, as an Omicron outbreak puts less pressure on activity than earlier COVID-19 waves, according to minutes of the Bank of Thailand's (BoT) last policy meeting.

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BUSINESS

GDP up 1.8% in Q4 of 2021, stronger than expected

Reuters, Published on 21/02/2022

» Thailand's economy returned to growth in the final quarter of 2021, official data showed on Monday, as exports increased and domestic activity improved following an easing of coronavirus curbs and reopening to tourists.

WORLD

Indonesia Q4 GDP up 4.9% on exports

Reuters, Published on 04/02/2022

» BENGALURU: Indonesia's economy grew 4.9% in the final quarter of 2021 as exports from the resource-rich economy surged amid a rise in global commodity prices while an easing of Covid-19 restrictions improved domestic consumption, a Reuters poll showed.

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BUSINESS

Top business group retains 2022 GDP outlook despite Omicron

Reuters, Published on 02/02/2022

» Thailand’s leading joint business group on Wednesday said it has maintained its economic growth forecast at 3.0% to 4.5% this year, despite a rise in coronavirus infections driven by the Omicron variant.

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BUSINESS

Bank of Thailand detects no surge in bad loans, eyes JV for bad assets

Reuters, Published on 27/01/2022

» The Bank of Thailand (BoT) has not detected any signs of a surge in non-performing loans (NPLs) after imposing various measures to support debtors as the economic activity is hit by coronavirus outbreaks, a senior official said on Thursday.

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BUSINESS

Philippine economy rebounded in 2021 as Covid rules relaxed

Reuters, Published on 27/01/2022

» The Philippine economy rebounded more strongly than expected in 2021 after a relaxation of Covid-19 rules fuelled consumer spending and got more people back to work, officials said Thursday as they forecast a return to pre-pandemic growth this year.

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BUSINESS

Thailand to regulate use of digital assets as payments

Reuters, Published on 25/01/2022

» Thailand plans to ban digital asset operators from facilitating use of crypto as a means of payment for goods and services, its central bank and market regulator said on Tuesday, in a bid to limit risks.

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WORLD

N.Korea fires 2 missiles, warns of strong action over US sanctions push

Reuters, Published on 14/01/2022

» SEOUL: North Korea fired at least two ballistic missiles on Friday, its third test in two weeks, just hours after criticising a US push for new sanctions over the previous launches as a "provocation" and warning of a strong reaction.

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WORLD

Korea's ex-president freed after nearly 5 years

Reuters, Published on 31/12/2021

» SEOUL, Dec 31 (Reuters) - Former South Korean President Park Geun-hye was released from prison on Friday nearly five years after being convicted of corruption, fuelling debate over whether she would play any role ahead of a March presidential election.

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BUSINESS

4% growth still possible next year, says minister

Reuters, Published on 23/12/2021

» The economy should still be able to achieve growth of 4% next year, despite uncertainty over the spread of the Omicron coronavirus variant, the finance minister said on Thursday.