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Economics

Asia will need $26 trillion in infrastructure investments through 2030

Milken Institute report, ‘New Models for Financing Infrastructure in Asia’ explore specific recommendations about infrastructure financing models for investment in ASEAN infrastructure.

Boris Sullivan

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The Milken Institute convened a Financial Innovations Lab® in Singapore in September 2016, bringing together leaders from private equity funds, commercial banks, development finance institutions, and corporations, as well as institutional investors, with the goal of producing specific recommendations about infrastructure financing models for investment in ASEAN infrastructure.

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Economics

Thailand’s think tank urges cheap fares for new rail routes

The TDRI recently compared the average fare per trip in Bangkok with those of Singapore, Hong Kong and London using a purchasing power parity (PPP) adjustment.

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The Thailand Development Research Institute (TDRI) is studying how electric train fares could be adjusted along new routes to ensure fairness and affordability to all commuters.

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Economics

IMF cut global growth GDP in 2019 to 3.3% warning of higher risk

The International Monetary Fund (IMF) announced its downward revision of global growth estimate in 2019 to 3.3%, down from 3.5%, and of global trade volume estimate to 3.4% from 4%

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The International Monetary Fund (IMF) announced its downward revision of global growth estimate in 2019 to 3.3%, down from 3.5%, and of global trade volume estimate to 3.4% from 4% as previously assessed in the World Economic Outlook in January 2019.

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Banking

SCB cuts GDP growth forecast to 3.1%

The EIC has revised downwards its Thai economic expectations in 2019 to 3.1 percent from 3.3 percent, largely as a result of the trade war between the United States and China

National News Bureau of Thailand

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SCB cuts GDP growth forecast to 3.1%

Bangkok, (NNT) – Government investment remains the main factor in steering the economy as the trade war between the United States and China has affected exports, tourism and investment.

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