The baht opened at 31.39 to the US dollar on Friday, weakening from its close of 31.35 on Thursday. The Thai currency is likely to move between 31.30 and 31.45 during the day, Krungthai Bank market strategist Poon Panichpibool said. He said the baht was facing several negative factors, such as the Covid-19 crisis in […]
Read MoreAs the lockdown covering the capital and Takhmao tightens, ensuring food supplies for citizens has taken precedence for the government, which has unveiled several initiatives to solve the issue. Yesterday, the local government issued permission for the Virak Buntham company to mobilise 64 trucks to deliver food throughout the capital. The trucks started operating yesterday […]
Read MoreMANILA, Philippines — A global think tank expects the Philippines to suffer the most from the pandemic in Asia-Pacific as its continued failure to control COVID-19 infections is making a huge dent on the economy. In its latest outlook, London-based Capital Economics said the country’s road to economic recovery is slipping further behind compared with […]
Read MoreFor the time ahead, the State Bank of Vietnam (SBV) will keep a proactive and flexible monetary policy basing on market developments and forecasts for the macro-economy, SBV Deputy Governor Dao Minh Tu told a meeting on April 22. This monetary policy is meant to control this year’s inflation within the targeted ceiling of about […]
Read MoreKUALA LUMPUR: Malaysia’s Consumer Price Index (CPI) increased 1.7 per cent to 122.9 in March 2021 from 120.9 in the same month last year, said the Department of Statistics Malaysia (DoSM). Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said this was a positive increase for two consecutive months since February 2021. “The increase in […]
Read MoreGDP growth may dive to 1.6% this year if the government fails to stimulate an economy reeling from the third wave of the pandemic, says the University of the Thai Chamber of Commerce (UTCC). Despite maintaining its GDP growth forecast at 2.8%, the university on Thursday warned the government about dimmer prospects as economic growth will […]
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Thailand
