Showing 61 - 70 of 463
Thailand eyes closer Saudi ties in Prince’s first official visit
Bloomberg News, Published on 08/11/2022
» Thailand and Saudi Arabia are set to sign agreements to elevate diplomatic and investment ties, when Crown Prince Mohammad bin Salman makes the first official visit by a top Saudi royal family member to the Southeast Asian country in more than three decades.
Singapore seeks 40 years in jail for stock market manipulator
Bloomberg News, Published on 05/11/2022
» Singapore prosecutors are seeking a 40-year jail sentence for John Soh Chee Wen for his role in the financial centre’s biggest case of stockmarket manipulation that caused almost US$8 billion in losses in 2013.
Baht set for relief as current-account swings to surplus
Bloomberg News, Published on 02/11/2022
» A better-than-expected rebound in foreign tourist arrivals, lower oil prices and sliding shipping costs are brightening the outlook for Thailand’s current account, potentially offering a reprieve for the country's currency trading near a 16-year low.
Singapore's UOB completes deal for Citi's Thailand, Malaysia retail banking ops
Bloomberg News, Published on 01/11/2022
» SINGAPORE: Citigroup said on Tuesday it had completed the sale of its Thailand and Malaysia retail banking businesses to Singapore's United Overseas Bank (UOB) in a transaction expected to result in a regulatory capital benefit of $1 billion.
Singapore retreat from retail crypto opens way for rivals
Bloomberg News, Published on 28/10/2022
» SINGAPORE: Asia may be heading for a reordering of sorts in cryptocurrency markets, with Hong Kong moving to legalize retail trading of digital tokens just as Singapore looks to impose fresh restrictions on consumers.
Salaries seen rising 2.2% in real terms in 2023, above global average
Bloomberg News, Published on 26/10/2022
» Salaries in Thailand are expected to rise an inflation-adjusted 2.2% next year, the eighth highest in the world, a survey shows.
Vietnam sees fastest growth in Southeast Asia for two years
Bloomberg News, Published on 20/10/2022
» Vietnamese Prime Minister Pham Minh Chinh is confident Vietnam’s growth will exceed expectations this year and retain the title of Southeast Asia’s fastest-growing economy through next year, as it emerges from the Covid-19 pandemic.
Weak baht aids tourism resurgence and growth: Arkhom
Bloomberg News, Published on 19/10/2022
» A weaker baht is supporting Thailand’s post-pandemic tourism recovery, which is key to shoring up the nation’s economic performance, according to Finance Minister Arkhom Termpittayapaisith.
Asia spent $50bn defending currencies from strong dollar
Bloomberg News, Published on 14/10/2022
» Asian governments spent about US$50 billion in foreign-exchange reserves last month -- the highest level since March 2020 -- to defend their currencies from a relentless advance in the dollar.
Flooding damages crops, risks tourism recovery
Bloomberg News, Published on 04/10/2022
» Thailand is battling the worst flooding in years with a large swathe of its crop land inundated by seasonal storms and swollen rivers, threatening to fuel food prices and hinder a nascent tourism recovery.