The baht of Thailand on January 30 depreciated to its lowest level in seven months at 31.17 per US dollar as investors are worried about the impact of the new coronavirus outbreak, according to Kasikorn Research Centre.
The Ho Chi Minh Stock Exchange (HOSE) has received dozens of documents from listed companies asking to extend the deadline for the disclosure of this year's financial statements.
The House of Representatives of Thailand has passed a budget bill worth 3.2 trillion baht (105.9 billion USD) for fiscal 2020, more than three months after the fiscal year began.
Myanmar’s border trade with neighbouring countries reached about 2.4 billion USD as of December 20 in present fiscal year 2019-2020 which started from October 1.
The trade value between Myanmar and Thailand has reached nearly over 773 million USD in the 2019-2020 fiscal year, according to the country’s Ministry of Commerce.
Economists have raised Vietnam’s economic growth forecast after the latest data show that the country’s economic growth topped 7 percent in the recent third quarter.
Only nine state-owned enterprises (SOEs) were given the green light from the government for their equitisation plans this year, reported the Ministry of Finance (MoF).
The Asian Development Bank (ADB) has revised up its growth forecasts for Vietnam from 6.8 percent to 6.9 percent for 2019 and from 6.7 percent to 6.8 percent for 2020 while trimming its predictions in developing Asia as growth in China and India is weighed down by both external and domestic factors.
Up to 92 out of the 128 targeted state-owned enterprises (SOEs) must be equitised this year under the 2017-2020 equitisation plan approved by the government.
The Kasikorn Research Centre (K-Research) has revised down Thailand’s economic growth this year to 2.5 percent from the initial projection of 2.8 percent and projected the next year’s growth at 2.7 percent.
The garment industry has called for investment in the underdeveloped textile, dyeing and fabric segments to meet the global supply chain demand, according to the Vietnam Textile and Apparel Association (VITAS).
The Thai Commerce Ministry has approved a farmers aid fund worth 4.38 billion THB (145 million USD) for the 2020 fiscal year, focusing on rice, tapioca, palm oil, fruit, shrimp, pork, eggs, salt, onions and garlic.
The Thai Red Cross Society has held a seminar following up on PrEP pre-exposure HIV prevention medicine services in Thailand, where the drugs are offered to persons in risk groups, helping them prevent becoming infected.
Thai Prime Minister Prayut Chan-o-cha has stressed that the Defence Ministry must reserve a budget of 70-80 billion THB (2.3-2.6 billion USD) for buying munitions and vehicles for defensive purposes.
Japanese electronics giant Hitachi Ltd. launched a sales and service unit in Laos, eyeing a five-fold increase in its local elevator and escalator market share as it expands its business in Asia and the Middle East.
The Thai cabinet has approved a budget worth 24.6 billion baht (about 809 million USD) to support research and innovation to transition the country into a fully technology-based society.
Thailand’s Cabinet on October 7 approved a budget of 3.2 trillion THB (106 billion USD) for the 2020 fiscal year to bolster the country’s sluggish economy.
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