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One currency to link them all: the rise of the renminbi
Asia focus, Pathom Sangwongwanich, Published on 21/11/2016
» International use of the Chinese renminbi is expected to surge in the next five to 10 years given the need for financing by the Chinese government of infrastructure projects under its One Belt One Road (OBOR) programme, a banking executive says.
A close look at household debt and economic fragility
Business, Published on 06/11/2015
» Amid the bleak economic outlook, the government has been rolling out stimulus schemes -- injecting money into communities via the Village Funds, providing liquidity for small businesses and supporting farmers. Its property stimulus package has received the most attention. It includes 10 billion baht in loans from the Government Housing Bank, a reduction in transfer fees to 0.01% from 2% and generous tax deductions.