KUALA LUMPUR, Oct 21 — The ringgit opened higher on Thursday, buoyed by the positive sentiment following the strong commodities performance. Brent crude oil is currently trading at US$86 per barrel, while crude palm oil closed at an all-time high on Wednesday with the benchmark palm oil contract for January 2022 rising by RM127 to RM5,071 a tonne. At 9.04am, the local note stood at […]
Read MoreEven though foreign investors have become net sellers on the stock market, they have fled to bonds and are waiting for future investment opportunities, said Tran Van Dung, Chairman of the State Securities Commission of Vietnam (SSC). In the first nine months of the year, foreign investors net sold nearly VND30.2 trillion (US$1.3 billion) on […]
Read MoreCHIANG MAI: The old city in Chiang Mai is a warren of alleys with ancient Buddhist temples sitting cheek by jowl with guesthouses and luxury hotels, bars and restaurants, and other businesses catering to the millions of tourists who typically flock there. Now, scores of these businesses are shut, and bars mostly silent amid a […]
Read MoreCentral banks play a crucial role in ensuring economic and financial stability. They conduct monetary policy to achieve low and stable inflation. In the wake of the global financial crisis, central banks have expanded their toolkits to deal with risks to financial stability and to manage volatile exchange rates. In response to the COVID-19 pandemic, […]
Read MoreMANILA, Philippines — The country’s inventory of frozen pork slightly dropped in the second week of October but the volume remains significantly higher than the previous year due to the influx of imports. Latest data from the National Meat Inspection Service (NMIS) showed that the inventory of frozen pork in accredited cold storages declined by […]
Read MoreThe goods supply chain that connects HCM City and provinces in the southern key economic zone plays an important role in the economic development and social stability of the entire region. But it has been disrupted because of Covid-19. Import and export activities have declined because of the lack of orders, attributed to a drop […]
Read More
Thailand
