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Thailand open to more stimulus if economic growth misses target

Bloomberg Thailand’s government is ready to take more fiscal steps if economic growth falls below its base-case forecast, driven by the latest Covid-19 outbreak or delays in vaccinating the public, a Finance Ministry official said. “The government is ready to do more if needed, and we still have fiscal space left,” Kulaya Tantitemit, acting director general of the Fiscal Policy ...

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US, Japan, Australia, India plan summit

Bloomberg Australia, Japan, the US and India plan to hold a summit to strengthen ties amid China’s growing influence in the Indo-Pacific region, the Sankei newspaper reported, citing unidentified government officials. The four countries are preparing for the teleconference meeting, whose agenda will include the protection of a free and open Indo-Pacific region, according to the newspaper. India has, however, ...

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Chinese courier SF eyes 20% stake in $5b Kerry Logistics

Bloomberg SF Holding Co, one of the largest Chinese package-delivery services, is exploring a potential investment in tycoon Robert Kuok’s listed logistics business, people with knowledge of the matter said. The Chinese courier is in talks to acquire roughly a 20% stake in Kerry Logistics Network Ltd, according to the people, who asked not to be identified because the information ...

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