Economy and commerce

Typically regarded as the more vulnerable currencies in Asia to external shocks, the ringgit, baht, and rupiah are proving the most resilient on their relatively lower exposure to China and a dovish Federal Reserve.   The Malaysian, Thai and Indonesian exchange rates are the top three performers ...

Thailand is ready to halt imports of prepacked salad products from Australia if salmonella bacteria is detected by Thai food safety officials. Keep reading ...

The state-run Small and Medium Enterprise Development Bank of Thailand (SME Bank) has pushed back the application deadline for its 15-billion-baht policy loan scheme to the end of June after only a third of the money was taken out. Keep reading ...

Vietnamese domestic enterprises in the retail industry should strengthen their connections to take better advantages of resources and increase their competitiveness over foreign investors, Chairman of the Hanoi Supermarket Association Pham Vinh Phu said. According to Phu, Vietnamese retailers are vulnerable to integration because of their ...

Thai stocks fell briefly below the psychological 1,300 mark on 9 February as intensifying anxiety over the global economy fanned demand for safe-haven assets, with local gold bullion momentarily hitting 20,050 baht per baht-weight. The Stock Exchange of Thailand (SET) index started the day on a ...

Vietnam’s Ministry of Construction has completed its mid-term public investment for 2016-2020 under the Law on Public Investment to submit to the Ministry of Planning and Investment. Under the plan, total public investment need for the period is estimated at nearly VND11 trillion (US$495 million), equal to ...

TCC Group, owned by billionaire Charoen Sirivadhanabhakdi, will emerge as a leading retail chain in Thailand after buying a 58.56% stake in SET-listed Big C Supercenter Plc for 122 billion baht.  The acquisition has fulfilled Mr Charoen’s dream of owning a retail distribution channel after failing ...

The Stock Exchange of Thailand index is forecast to gain 11% to 1,442 points this year, based on government infrastructure projects, says the Investment Analysts Association (IAA). The analysts forecast the index will peak at 1,501 points and hit a trough of 1,163, with 60.7% of analysts ...

Thailand’s outward foreign direct investment (FDI) is flourishing as investors large and small rev up international expansion in line with the government’s commitment to supporting such investment and helping companies secure cheaper raw materials. Keep reading ...

Thai Deputy Prime Minister Somkid Jatusripitak’s appointment at the economic helm late last August was followed by rapid-fire launches of stimulus measures to revive the slowing economy. Measures worth more than 400 billion baht were announced but disbursement of the funds was slow, snagged by red tape. ...