A cross-border payment system between the five ASEAN countries of Thailand, Singapore, Malaysia, the Philippines, and Indonesia will be fully connected next year, according to Bank Indonesia (BI) Governor Perry Warjiyo.
Thailand’s rice exports are likely to exceed 8 million tonnes this year as flooding caused by Typhoon Noru had little impact and a weak baht has helped overseas sales, President of the Thai Rice Exporters Association (TREA) Chookiat Ophaswongse has said.
The Indonesian government has increased the quotas of subsidised fuel, Pertalite gasoline and Solar diesel, effective from October 1, to meet the community's needs until the end of the year.