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Singapore, Malaysia officials met to advance talks on Johor deal

Bloomberg News, Published on 30/08/2024

» KUALA LUMPUR - Officials from Singapore and Malaysia met to advance discussions on a special economic zone in Johor, the city-state’s Trade Ministry said in a statement Friday.

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GENERAL

Samsung workers plan to strike 'indefinitely' in risk to global tech

Bloomberg News, Published on 10/07/2024

» SEOUL - Samsung Electronics Co's largest labour union of more than 30,000 workers declared an indefinite strike, a surprise move that raises the risk of production disruptions at the world's largest memory chipmaker.

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GENERAL

B1.4tn fund says gold to counteract weak stocks

Bloomberg News, Published on 14/06/2024

» The Government Pension Fund (GPF) is expecting gains from investments in gold, commodities and private equity to help counter a slump in domestic stocks, following a period that is seen its performance struggle.

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GENERAL

Central bank says current inflation goal 'appropriate'

Bloomberg News, Published on 30/05/2024

» The Bank of Thailand (BoT) defended its goal to keep inflation within a band of 1% to 3% as "appropriate" for the prevailing economic conditions, after the government sought a review over concerns the current target may be too low.

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GENERAL

Govt plans Asia's first sovereign sustainability-linked bond

Bloomberg News, Published on 29/05/2024

» The government plans to sell as much as US$1.1 billion of baht-denominated sustainability-linked bonds (SLBs) in the fourth quarter, in what looks set to be the first such offering from an Asian government.

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GENERAL

Central bank rate decision puts spat with PM in spotlight

Bloomberg News, Published on 09/04/2024

» As the Bank of Thailand (BoT) prepares to review monetary policy settings on Wednesday, investors will be watching for any sign that Prime Minister Srettha Thavisin’s relentless campaign for rate cuts is influencing the central bank.

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GENERAL

Srettha poised to step aside as finance minister

Bloomberg News, Published on 13/03/2024

» Prime Minister Srettha Thavisin will relinquish his role as finance minister, according to a media report, a change that may ease tension with Bank of Thailand (BoT) over monetary policy.

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GENERAL

Cash gifts, free milk raise risks to Thailand, Indonesia ratings

Bloomberg News, Published on 27/02/2024

» JAKARTA/BANGKOK - Southeast Asia’s new leaders risk blowing past budget constraints to make good on costly campaign promises of cash handouts and free lunches, increasing the risks to their prized investment-grade ratings.

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GENERAL

Move Forward slams Srettha for public feud with central bank

Bloomberg News, Published on 23/02/2024

» The public sparring between Prime Minister Srettha Thavisin and Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput on monetary policy risks undermining the institution's independence and poses a threat to credit ratings, according to the opposition Move Forward Party (MFP).

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GENERAL

Red Sea danger leads global oil buyers to switch markets

Bloomberg News, Published on 05/02/2024

» NEW YORK - The global oil market is looking increasingly local as militant attacks in the Red Sea and surging freight rates make supplies from closer to home more attractive.