Thailand reopening

BANGKOK, May 19 (Reuters): Thailand has no need to raise interest rates following the Federal Reserve's hikes in US rates as domestic factors and the economic recovery will be the main issues determining policy, the central bank chief said on Thursday. The country's external position remains strong with low foreign debt and high international reserves, Bank of Thailand … [Read more...] about Thailand has no need to follow Fed’s tightening, says central bank chief

A Thai man demands an airline to take responsibility for injuries that he said were caused by turbulence during a flight from Nakhon Si Thammarat to Bangkok yesterday evening. He said his lower back and coccyx were in “agony,” but when he expressed the wish to go to hospital, he was allegedly told to pay for the expenses himself. The airline has denied responsibility for his … [Read more...] about Thai man injured in turbulence demands airline to take responsibility

During US-ASEAN Special Summit, the US pledged US$150 million to tackle several key topics ranging from maritime security to pandemic preparedness to clean energy. Despite hitting the right notes, the summit lacked the concrete trade and investment commitments that ASEAN members were seeking. Access to the prized US market for ASEAN will be vital if Washington wants to balance … [Read more...] about Why Does the US-ASEAN Special Summit Lack Substantial Value?

KUALA LUMPUR: Tune Protect Group Bhd ’s net loss narrowed to RM2.97mil in the first quarter ended March 31 (1Q) against a net loss of RM15.45mil a year ago. Its loss before tax decreased to RM3mil from RM19.8mil a year prior largely attributed to improvements of RM18.9mil in realised and unrealised investment income offset by increase of RM2.3mil in share of loss of an … [Read more...] about Tune Protect narrows net loss to RM3mil in 1Q

PHNOM PENH (The Phnom Penh Post/Asia News Network): Cambodia imported iron and steel worth US$119.72 million in the first four months of 2022, marking an increase of 19 per cent over the $101 million recorded in the same period last year, according to Customs. This accounted for 1.192 per cent of the Kingdom’s total goods imports over January-April, valued at $10.043 billion, … [Read more...] about Cambodia iron, steel imports mount as construction sector recovers