Case study: ESG, energy transition and Indonesia
Business

Case study: ESG, energy transition and Indonesia

Indonesia’s environmental, social and governance (ESG) priorities centre on the affordable transition to renewable energy, socio-economic growth beyond Jakarta, and improved governance in both the public and private sector. This ESG Intelligence report details the country’s growing role in the global ESG ecosystem, with a focus on topics such as managing transition risks on the […]

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ASEAN Summit: China Wants to Upgrade Ties to Strategic Comprehensive Partnership
Business

ASEAN Summit: China Wants to Upgrade Ties to Strategic Comprehensive Partnership

Could resolve South China Sea issues, boost trade, and align regional security China is looking to upgrade its ASEAN ties to a “Strategic Comprehensive Partnership”. It already has an extensive free trade agreement with the bloc, whose members include Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Thailand, and Vietnam. ASEAN is China’s largest trade partner […]

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S&P maintains Thailand’s credit rating at BBB+ with stable outlook
Business

S&P maintains Thailand’s credit rating at BBB+ with stable outlook

Standard and Poor’s (S&P) maintained Thailand’s credit rating at BBB+ . The global rating firm expects the country’s gross domestic product (GDP) to grow at 1.1% this year, with a more optimistic growth at 3.6% per year from 2022 to 2024. Government Spokesman Thanakorn Wangboonkongchana said the agency maintained Thailand’s credit rating at BBB with […]

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Use 1xBet mobile app for convenient betting on Atletico
Business

Use 1xBet mobile app for convenient betting on Atletico

In the previous season Atletico Madrid often spoiled the nerves of their fans, now and then missing a huge advantage over competitors. In the current season, the start is not yet very good, but all newcomers haven’t yet been involved; the team signed enough of them to strengthen the roster. You can watch the results […]

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Asia Pacific: Recovery delayed but not derailed
Business

Thailand’s economic growth expected to return to 2019 levels in mid-2023

The Siam Commercial Bank (SCB), one of Thailand’s largest commercial banks, said in its latest economic outlook report that the country’s economy may wait until the second semester of 2023 to return to 2019 growth levels.  The SCB Economic Intelligence Center (EIC) revised Thailand’s economic forecast for 2021 downward to 0.7% from 0.9% previously following […]

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Thailand aims to push its games and content industry
Business Economics

Thailand aims to push its games and content industry

Currently, key digital organizations involved in the economy are joining forces to push the Thai gaming industry, so as to attain the level of a regional hub. In past decades, Thailand has relied on traditional sectors like agriculture, vehicle building and exports, textiles and garments to drive the engines of development. Though Thailand has successfully […]

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logomain
Business Economics

Thailand Raises Public Debt Ceiling from 60% to 70% of GDP

Thailand’s State Monetary and Fiscal Policy Committee has decided to raise the ceiling of the public debt-to-GDP ratio from 60% to 70%, which will allow further public sector borrowing to rehabilitate the economy battered by COVID-19. Finance Minister Arkhom Termpittayapaisith said the decision is intended to provide the government with more fiscal manoeuvrability should the […]

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Thailand Approves Package to Attract Wealthy Foreigners and Professionals
Business

Thailand Approves Package to Attract Wealthy Foreigners and Professionals

Thailand’s Cabinet has approved an economic stimulus and investment promotion package aimed at attracting wealthy foreigners and highly skilled professionals from overseas to help revive the post-COVID economy. Government spokesman Thanakorn Wangboonkongchana said benefits in the package include a 10-year Thai visa for not only approved special visitors but also their spouses and children, automatic […]

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