Showing 1 - 10 of 156
Singaporeans flock to Malaysia for bargains as dollar hits record high
Bloomberg News, Published on 08/02/2024
» SINGAPORE - Carman Lee is back in Ipoh, her hometown in northwestern Malaysia, after a seven-and-half hour bus ride from Singapore for the upcoming Lunar New Year. The Westin Singapore employee has another reason to celebrate this festive season: an all-time high local dollar that makes everything that much cheaper against the ringgit.
Central bank seen resisting rate-cut pressure
Bloomberg News, Published on 07/02/2024
» The Bank of Thailand (BoT) will probably keep its benchmark rate steady at more than a decade-high on Wednesday, resisting political pressure for a cut as the monetary authority is wary of lowering borrowing costs too soon.
African nations dominate top 10 economic growth spots
Bloomberg News, Published on 09/01/2024
» JOHANNESBURG - Africa faces economic headwinds this year, but some of the continent’s brightest sparks are shading it in a more hopeful light.
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.
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.
Hong Kong to cut hotel quarantine as China shows support
Bloomberg News, Published on 20/09/2022
» Hong Kong wants to relax Covid rules like mandatory hotel quarantine that have made travel difficult for nearly three years, Chief Executive John Lee said Tuesday, as mainland officials signalled their approval.
Apple counts on upscale shoppers to turn latest iPhone into hit
Bloomberg News, Published on 16/09/2022
» The latest iPhone hits stores in many countries, including Thailand, on Friday, and Apple Inc is counting on well-heeled shoppers to make the device a hit during a year of roaring inflation and shaky technology spending.
Strategists favour Singapore, dividend stocks in hawkish Asia
Bloomberg News, Published on 14/07/2022
» Surprise policy tightening moves announced by central banks in Singapore and the Philippines signal Asia is now fully awake to the threat of accelerating inflation and is playing catch up with its global peers.
Five electric motorcycles you must know now
Bloomberg News, Published on 06/07/2022
» On June 17, 2022, Norton Motorcycles announced it would build an electric motorcycle.
Govt at odds with Bank of Thailand over raising rates
Bloomberg News, Published on 15/06/2022
» Government leaders are publicly making a case for keeping interest rates lower for longer, a call that is putting them at odds with the nation’s monetary policy makers who are keen to raise borrowing costs sooner to keep inflation from overheating.