The Nation
Thai banks bullish on Vietnam even if Trump scraps TPP
Thai banks in Vietnam believe a large labour force and low wages will still be magnets for trade and foreign direct investment in that country even if the Trans-Pacific Partnership is scrapped in line with US President-elect Donald Trump’s policy. Vietnam is among the 12 Pacific ...
Bank Negara Malaysia dealing with short-term volatility of the ringgit
A slew of measures undertaken by Bank Negara Malaysia are expected to help enhance a continuous supply of foreign currency. To discourage the trading of non-deliverable forwards offshore, the central bank has announced several initiatives to liberalise and deregulate the onshore ringgit-hedging market. They include providing ...
The Philippines to buy rice from Myanmar
Myanmar’s Ministry of Commerce revealed that the Philippines has offered to ink a government-to-government treaty to buy rice from its fellow ASEAN country. “The Philippines has offered to buy rice. More detailed discussions are needed [for the treaty]. Currently, it imports rice mainly from Vietnam. ...
KBank targets middle-income earners for its insurance
Kasikornbank is adjusting its back-office processes and training branch employees to better explain and sell insurance products to middle-income earners. Kattiya Indaravijaya, president of KBank, said that the Office of Insurance Commission wants banks to educate customers about insurance products that are not deposit products. ...
Visa bullish on nationwide growth in Myanmar
As only 0.5 per cent of the population has access to electronic payments so far, Visa Inc, the global payments firm, sees a lot of room for improvement in Myanmar. Arturo Planell, Visa country manager for Myanmar, said at a press conference last week that ...
EU ‘Green card’ for Thailand expected over IUU fishing
Thailand will at some point receive a “green card” from the European Union for its efforts to combat illegal, unreported and unregulated fishing, once the EU realises the real progress the government is making in this regard, according to Steve Trent, executive director of the Environmental ...
Four-year plan aims to boost tourism
The National Tourism Policy Committee has unveiled a four-year plan to enhance tourism competitiveness and has also approved a special zone focusing on four islands in southern Thailand. Deputy Prime Minister General Tanasak Patimapragorn on November 30 said the committee would organise a series of training programmes ...
Bosch backs Thai 4.0 push
The government’s Thailand 4.0 initiative has provided a tremendous business opportunity for German Bosch Group to roll out its smart solutions to all key industries, the chief of the company said. “We welcome and are happy with Thailand’s direction to transform into a digital economy,” ...
Millcon Thiha GEL foresees advantages in being steel first-comer in Myanmar
MILLCON THIHA GEL is bullish that international development banks’ planned projects in Myanmar and demand from new factories to be constructed in Thilawa Special Economic Zone will keep its newly completed steel plant busy in the very near future. The company last week officially became ...
Fears over Computer Crime Act changes
Latest changes to the Computer Crime Act have not been officially completed, but they have already gained considerable momentum. Many people are looking forward to moves by the National Legislative Assembly review panel that is responsible for revamping the law. But the reason for this does ...
