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Thai central bank to deliver third straight 25bps hike on Nov. 30

Thai central bank to deliver third straight 25bps hike on Nov. 30

The Bank of Thailand will raise interest rates by a modest quarter-point on Wednesday for a third straight meeting amid fragile tourism-reliant growth and signs inflation has started to ease, a Reuters poll of economists found. The widely-expected move, which would take the benchmark rate to only 1.25%, constitutes one …

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Mobile World profit to decline: chairman

Mobile World profit to decline: chairman

Retail conglomerate Mobile World’s profit is set to decline by 10% this year to VND4.4 trillion ($177.63 million) due to sluggish demand caused by global problems. Mobile World, which sells a range of items like home electronics, bicycles and groceries, targeted revenue growth of 14% to VND140 trillion and profit …

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Airbus may delay some 2023 jet deliveries

Airbus may delay some 2023 jet deliveries

Airbus is preparing the ground for further delays to planned delivery dates of some medium-haul aircraft in 2023 even as it races to meet delivery targets for 2022 in the face of supply chain and labor problems, three industry sources said. The twin-speed approach comes as uncertainty remains over supplies …

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