Improving sentiment lifts emerging East Asian bonds Business

Improving sentiment lifts emerging East Asian bonds

The improvement of global investment sentiment and financial conditions has provided a much-needed lift for local currency bond markets in emerging East Asia, including Vietnam, despite risks from the COVID-19 pandemic, according to the latest issue of the Asian Development Bank’s (ADB) Asia Bond Monitor.
Thailand keeps interest rate unchanged at record low World

Thailand keeps interest rate unchanged at record low

The Bank of Thailand (BoT) last week decided to keep key interest rate unchanged at a record low for a second straight meeting, as widely expected, on signs of improvement in the economy after the easing of measures to contain the coronavirus outbreak.
Vietnam gears up to resume int’l flights Business

Vietnam gears up to resume int’l flights

Vietnamese authorities are working to resume international flights in an attempt to help the aviation industry get a good recovery from the COVID-19 pandemic, which has clobbered the sector from the outset of the year.
Thai central bank lowers economic outlook World

Thai central bank lowers economic outlook

The Bank of Thailand (BOT) has reduced its economic outlook to a contraction of 8.1 percent this year, deeper than the 1997 financial crisis, but kept the policy rate on hold at 0.5 percent, according to local media.
Monthly CPI falls to lowest in five years Videos

Monthly CPI falls to lowest in five years

The local consumer price index (CPI) fell to the lowest level in five years this month, but for the first five months of the year, the CPI still peaked due to rising pork prices.
Thailand cuts key rate to record low to help economy ASEAN

Thailand cuts key rate to record low to help economy

The Monetary Policy Committee (MPC) under the Bank of Thailand (BoT) on May 20 cut its policy rate by 25 basis points to a record low of 0.5 percent, to help soften the economic impact of the pandemic and social distancing measures.