The Thai baht has reached a six-year high against the US dollar and is now at around 30.2 per dollar. Of the four countries that share borders with Myanmar, Thailand is the second largest trading partner, with trade volumes during fiscal 2018-19 amounting to US$3.8 billion, according to government data. Just this month, the Central […]
Read MoreThailand ranks second globally for women represented in senior management, with the highest percentage of female chief financial officers and the third-highest rate of female chief executives, according to a recent report. Seven of the top 10 markets with the highest percentage of women in management are in Asia-Pacific, with the Philippines (34%), Thailand (28%) […]
Read MoreTHE country’s inflation is forecast to accelerate to 1.1 percent in October from 0.9 percent in September on account of higher fuel and power prices, an economist said on Tuesday. In a report, Union Bank of the Philippines (UnionBank) chief economist Ruben Carlo Asuncion said the recent drone attacks on Saudi Aramco’s oil-processing facilities — […]
Read MoreKUALA LUMPUR: The Master Builders Association Malaysia (MBAM) is confident that the construction industry is still on track to achieve its 1.7% growth forecast for 2019, underpinned by ongoing jobs that will keep contractors busy until the end of the year. President Foo Chek Lee said the growth could be accelerated if local construction firms […]
Read MoreThe Tourism Authority of Thailand (TAT) and Unilever Thailand have signed a memorandum of understanding to run the Tourism to Recycling Actions for the Schools and Homes (Trash) project, starting in Krabi province. Other parties, including the Pollution Control Department and Krabi municipality, will join the project, which will officially launch on Nov 19. Robert […]
Read MoreSINGAPORE: Natural gas will continue to play a dominant role in generating electricity in Singapore while the state plans to accelerate the use of renewable energy, primarily solar power, in the next decade to battle climate change, a senior government official said. The cost of installing solar power has become more competitive with the use […]
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