The baht opened at 31.36 to the US dollar on Wednesday, strengthening from its close of 31.43 on Tuesday. The Thai currency is likely to move between 31.30 and 31.45 during the day, Krungthai Bank market strategist Poon Panichpibool said. He predicted that the baht would fluctuate on Wednesday over concern of the Covid-19 situation […]
Read MoreAverage household debt for Thai workers recorded a historic surge of almost 30% to around 205,000 baht in 2021 when compared with 2019, driven by the pandemic, says the University of the Thai Chamber of Commerce (UTCC). The survey by the UTCC’s Center for Economic and Business Forecasting gauged 1,256 respondents across the country from […]
Read MoreAs high unemployment seen to linger MANILA, Philippines — The Asian Development Bank (ADB) has joined other international agencies and local think tanks that cut growth projections for the Philippine economy this year. In a virtual briefing yesterday, ADB country director Kelly Bird said the Manila-based multilateral lender has substantially slashed its gross domestic product […]
Read MoreThe Ministry of Tourism will work with the Ministry of Health to evaluate the feasibility of international tourists from low-risk countries and territories who have been fully vaccinated against the novel coronavirus to enter the Kingdom with little or no quarantine stay. The tourism ministry expects this to begin in the fourth quarter, in a […]
Read MoreMore than 80 per cent of Thai organisations surveyed by PwC recently said they were hit adversely by the Covid-19 pandemic, while the report indicated that successful crisis recovery hinges on improving resiliency. The Thailand part of PwC’s “Global Crisis Survey 2021” – a global survey of 2,814 business leaders in 73 countries – explores […]
Read MoreSCG Packaging Plc (SCGP) is undeterred by the third Covid-19 outbreak and is maintaining its total revenue target in 2021 at 100 billion baht due to its wide customer base in many countries. However, being aware of mounting concerns over shortages of beds for patients in hospitals, the company is using recycled paper to make […]
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