The peso fell back into P51:$1 territory on Thursday on the likelihood of a fresh US Federal Reserve rate hike. “The peso depreciated today as an upbeat US report on producer prices keeps open the possibility of another US rate hike this year,” Land Bank of the Philippines market economist Guian Angelo Dumalagan said. “Developments […]
Read MoreKUALA LUMPUR: The ringgit was easier against the US dollar early Thursday on subdued demand for the local currency, as investors eye the release of key US inflation data Thursday At 9 am(0100 GMT), the local unit was quoted at 4.1960/2000 against the greenback from Wednesday’s close of 4.1900/1940. A dealer said US inflation data […]
Read MoreLaos and Thailand have agreed to cooperate more closely to assist Lao workers in Thailand who hold a passport but whose temporary work permit has expired. At present, there are about 94,000 Lao workers in Thailand whose temporary work permits and passports have expired but who have temporary identity cards. There are about 71,000 Lao […]
Read MoreRegistrations for new companies jumped 20 per cent in August from the previous month. Some 7,159 companies were added to the register for the month, which represented a 15 per cent rise from August last year, according to Banjongjitt Angsusingh, director general of Business Development Department of Commerce Minister. By value, the newly registered companies […]
Read MoreA recent report by the World Economic Forum underscored the Kingdom’s poor performance in educating and training its citizens in order to develop a competitive workforce and put their skills to productive use, ranking it for the first time in its annual review as the worst in Asean. Cambodia ranked 92nd out of 130 countries […]
Read MoreThe Hanoitimes – On September 13, Vietnam – Japan supporting industries exhibition NEPCON Vietnam 2017 and Vietnam Supporting Industries exhibition 2017 have officially commenced at the Hanoi Friendship Cultural Palace. At the opening ceremony, Vice Minister of Trade & Industry Tran Quoc Khanh said, at present, increasing localization rate in in important manufacturing such as auto […]
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