Egypt's foreign trade reaches $51.555 billion in the first half of fiscal year 2023/24. The World Bank approves $700 million in support for Egypt. Thailand focuses on boosting the economy through public spending, tourism, and exports, aiming for 3% growth this year and more than 3% in 2025. Thai regulators plan to adjust rules on ESG funds investment to promote savings via the capital market. Thailand plans to raise tax allowance and reduce lock-up periods for ESG-focused funds to strengthen the local equity market. Egypt and the European Union are set to sign a 1 billion euro agreement for macro financial assistance.
⚠️ EGYPT AND EUROPEAN UNION TO SIGN 1 BLN EURO AGREEMENT FOR MACRO FINANCIAL ASSISTANCE - STATEMENT
Thailand will raise tax allowance and trim lock-up periods for holders of ESG-focused funds as part of efforts to bolster the local equity market https://t.co/edhLf9bdD5
⚠️ THAI REGULATOR: TO ADJUST RULES ON ESG FUNDS INVESTMENT TO PROMOTE SAVINGS VIA CAPITAL MARKET
⚠️ THAI FINMIN: **ECONOMY TO BE DRIVEN BY PUBLIC SPENDING, TOURISM, EXPORTS **TO DRIVE FOR 3% GROWTH THIS YEAR **ECONOMY SHOULD GROW MORE THAN 3% IN 2025
💡 Egypt: World Bank announces USD 700mn development policy financing - @EmergingMWatch on https://t.co/orvmA6Wqwk Full Story → https://t.co/nAOz8uekFy
World Bank approves $700m support for Egypt https://t.co/lRfAjAu3Zo
#ThaiEnquirer News Summary – June 24, 2024 · Srettha Thavisin’s government is looking to boost the stock market in Thailand by offering more incentives to long-term investment products such as Thailand ESG Fund among other incentives. · Property sector is set to see a boost as… https://t.co/Ak5HVfkFli
🇹🇭 THAI NEWS SUMMARY: The headlines for #Thailand on Monday. ♦️PM allays foreign lease fears ♦️Electrical leakage linked to Trang pupil's death ♦️Stark suspect denies cash transfers ♦️Srettha keen for Bangkok, Pattaya to host F1 races ✅ Visit https://t.co/g5uRRs0cPU https://t.co/oy3PMfRit1
💡 Thailand: House approves budget bill for FY 2025 in first reading - @EmergingMWatch on https://t.co/orvmA6Wqwk Full Story → https://t.co/YYcayzolpW
🇹🇭 THAI NEWS SUMMARY: The headlines for #Thailand on Sunday. ♦️PM likens economy to high-end car ♦️Darkest days before the dawn ♦️99-year leases, more rights for foreign buyers eyed ♦️Stark's fugitive executive is set to be deported from Dubai ✅ Visit https://t.co/g5uRRs0cPU https://t.co/Ec6GpXvRI1
#Egypt’s foreign trade reaches $51.555bn in H1 FY 2023/24 Read more: https://t.co/P30XAmLnZE https://t.co/4IAFmzwfzO