Thailand in lead pack for Asean capital markets

Thailand in lead pack for Asean capital markets

Thailand in lead pack for Asean capital markets THAILAND ranks in the top three of capital markets in Asean and is expected to stay in the leading pack in 2030, trailing only Singapore and Indonesia, a study indicates. The report, Capital Markets in 2030, drew on research by The Economist Intelligence Unit on behalf of…

A Thai Energy Tycoon's Big Bet Made Him $1 Billion Richer

A Thai Energy Tycoon’s Big Bet Made Him $1 Billion Richer

A Thai Energy Tycoon’s Big Bet Made Him $1 Billion Richer (Bloomberg) — Thai energy tycoon Sarath Ratanavadi’s fortune has surged $1 billion since late December as investors warm to his bet on Vietnam. Shares in his Bangkok-listed firm, Gulf Energy Development Pcl, have jumped 50 percent following its mid-August announcement of wind and solar…

bangkok food vendor

Inflation diverges in Southeast Asia’s two biggest economies

Inflation diverges in Southeast Asia’s two biggest economies BANGKOK: Inflation in Southeast Asia’s two biggest economies, Indonesia and Thailand, diverged in March, putting the two nations on possibly different monetary policy courses. Consumer-price growth in Indonesia eased to 2.48 percent last month, below the central bank’s 2.5 percent to 4.5 percent target band, while in…

The committee also revised upwards its forecast economic growth this year to between 3.7 – 4% , compared to the earlier forecast of between 3.5 – 4% .

Forecasts for Thai export growth revised upwards

Forecasts for Thai export growth revised upwards The meeting of the Joint Standing Committee on Commerce, Industry and Banking has revised upwards its forecast of export growth in 2019 to between 6.5 – 7.5% from the previous forecast of between 3.5 – 4.5%. The revision is in line with export growth in the past eight…

Southeast Asia is projected to grow 4.9% this year, slower than December’s 5.1% forecast, and 5% in 2020.

Emerging Asia’s Growth Prospects To 18-Year Low (ADB)

Emerging Asia’s Growth Prospects To 18-Year Low (ADB) Southeast Asia is projected to grow 4.9% this year, slower than December’s 5.1% forecast, and 5% in 2020. Growth remains strong across most of developing Asia but is set to moderate this year and next year against the backdrop of slowing global demand and persistent trade tensions,…

Thai Economy Projected To Expand 3.8% (BoT)

Thai Economy Projected To Expand 3.8% (BoT) Addressing the Japanese Chamber of Commerce (JCC) Thailand Dinner Talk on the 27 March 2019, Dr. Veerathai Santiprabhob Governor of the Bank of Thailand said the Thai economy is projected to continue to expand around its potential, and economic growth this year will slightly moderate to 3.8 percent.…

Will Asian Economies Dominate The World In 2050?

Will Asian Economies Dominate The World In 2050? Out of the 10 largest world economies of the world, four will be from Asia with China and India leading the world by 2050, according to the PwC report. https://www.youtube.com/watch?v=mqnNlNiDCXI Key findings The report sets out our latest long-term global growth projections to 2050 for 32 of the…

New Business Surge

New Business Surge New Business Registrations Surge as 2019 Begins The Director-General of the Department of Business Development, Mr Wuti Kraiweeraphan, revealed an extreme growth in new businesses for January in Thailand, compared to the previous month and the same month last year. Factors that Mr. Wuti accounted for this were investment promotion by the…