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Business

BoT chief saving firepower as trade fears mount

BANGKOK: Thailand’s central bank is keeping enough ammunition in store to respond to a downturn in world trade amid a wave of anti-globalisation sentiment that’s swept from the UK to the United States.

Business

Thailand maintains rate

BANGKOK: Thailand’s central bank has held its key interest rate and cut its 2016 growth forecast, saying economic momentum is slowing as the impact of the government’s short-term stimulus measures is fading.

Business

Thai central bank to keep rates on hold as it counts on fiscal spending

BANGKOK: Thailand's central bank is expected to leave its benchmark interest rate steady for a sixth straight meeting on Wednesday, as it pins hopes on government spending to revive the economy.

Business

Mixed fortunes from cheaper oil

Economists say Asean countries likely to gain except for Malaysia which is net exporter of crude

Business

Greek government set to win confidence vote

ATHENS (Reuters) - Greece's new government should comfortably survive a vote of confidence Wednesday but Prime Minister Lucas Papademos faces a daunting task repairing the shattered public finances, and cracks are already appearing in his crisis coalition.

Business

IMF says Myanmar could become Asia’s next economic engine if it enacts vast reforms

WASHINGTON: Myanmar could become Asias next economic engine if it enacts vast reforms, the International Monetary Fund said, signalling the country could receive an IMF monitoring programme in 2013.

Business

Alcatel looks at Myanmar, sees growth in region

BANGKOK: Telecom equipment maker Alcatel-Lucent is cautiously looking at business opportunities in Myanmar and other countries in South-East Asia and the region will play a bigger role in its future growth, according to its Asia-Pacific business chief.