Showing 21 - 26 of 26
AIIB founding members agree on initial capital
Published on 22/05/2015
» SINGAPORE — Chief negotiators from the 57 prospective founding members of the China-led Asian Infrastructure Investment Bank (AIIB) agreed on Friday that the bank's initial capital will be US$100 billion (3.34 trillion baht), according to participants of negotiations held in Singapore.
Japan unveils $110bn plan to fund Asia infrastructure
Published on 21/05/2015
» TOKYO — Japan unveiled a plan on Thursday to provide US$110 billion (3.67 trillion baht) in aid for Asian infrastructure projects, as China prepares to launch a new institutional lender that is seen as encroaching on the regional financial clout of Tokyo and its ally Washington.
Politics key to growth, warns ADB
Business, Published on 07/05/2015
» BAKU: Local politics and external uncertainties are the major threats to Thailand's economic growth, but the Asian Development Bank (ADB) is maintaining its 2015 growth forecast at 3.6% on the expectation that exports will gain pace.
Finance minister backs policy rate, calls for new growth areas
Business, Published on 06/05/2015
» Baku: The current policy rate of 1.5% is accommodative enough to support economic growth, says Finance Minister Sommai Phasee.
US questions Japan on AIIB stance
Published on 10/04/2015
» TOKYO — The United States has questioned Japan about its possible participation in a Chinese initiative to set up a regional development bank from which both allies have stood aloof, sources familiar with bilateral relations said Friday.
Woman on a mission
Asia focus, Published on 09/03/2015
» As the number one destination for US investment in Asia and its fourth-largest export market worldwide, Asean has clear economic as well as strategic importance for Washington. The relationship moved to a new level in 2010 when the United States established a permanent mission to the Association of Southeast Asian Nations in Jakarta — separate from the US embassy to Indonesia.