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IMF cuts forecast for Singapore's 2019 growth to 2%
Reuters, Published on 16/07/2019
» SINGAPORE: The International Monetary Fund (IMF) has trimmed its 2019 economic growth forecast for Singapore to 2% from 2.3%, the Washington-based lender said on Tuesday, as global trade tensions hit exports from the city-state.
Rice exports down on strong baht
Reuters, Published on 24/07/2019
» Rice exporters on Wednesday lowered their target for the year from 9.5 million tonnes to 9 million, after a sharp fall in first-half shipments due to the strong baht and ample global stockpiles.
China's iSpace launches satellites into orbit
Business, Reuters, Published on 26/07/2019
» BEIJING: A rocket developed by iSpace put satellites into orbit after a launch from a state facility in northwestern China yesterday, marking the first successful orbital launch by a privately funded Chinese firm.
Central bank seen holding key rate despite flagging growth
Reuters, Published on 24/06/2019
» Thailand's central bank is expected to keep its benchmark policy rate steady on Wednesday for a fourth straight meeting, a Reuters poll showed, despite slowing growth and the way many Asian central banks have shifted toward easing policy.
PTT to expand retail, power sectors amid slower growth
Reuters, Published on 24/06/2019
» KUALA LUMPUR: Thailand's state energy firm PTT Plc has stepped up investments in the retail and industrial power sectors to buffer the impact of a global economic slowdown on its oil refining and chemical businesses, its chief executive said on Monday.
Toyota to invest $2bn in Indonesia
Reuters, Published on 27/06/2019
» JAKARTA: Toyota Motor Corp plans to invest $2 billion to develop electric vehicles (EV) in Indonesia over the next four years, starting with hybrid vehicles, Indonesia's coordinating ministry for maritime affairs said.
Government to sell up to B128bn of bonds in July-September
Reuters, Published on 02/07/2019
» Thailand plans to sell up to 128 billion baht of government bonds in the July-September quarter as part of a debt-restructuring, the finance ministry said on Tuesday.
Central bank does 'not rule out' interest rate cuts
Reuters, Published on 03/07/2019
» The Bank of Thailand (BoT) said on Wednesday it is not closing the door to easing monetary policy, as the economy faces downside risks and it is worried about strength of the baht.
Thailand 'not a currency manipulator'
Reuters, Published on 16/05/2019
» Thailand does not manipulate the value of the baht currency in order to gain any competitive advantage for exporters, its central bank governor said on Thursday in response to speculation Thailand could be added to a US watchlist.
Economy faces heightened political uncertainties: BoT
Reuters, Published on 22/05/2019
» Heightened political uncertainties in Thailand after an election meant to herald a return to democracy have clouded the outlook for economic policy, the central bank said in minutes of a meeting earlier this month that left interest rates unchanged.