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Thailand: Baht could weaken today

The baht opened at 31.17 to the US dollar on Wednesday, weakening from Tuesday’s closing rate of 31.10. The Thai currency is likely to move between 31.15 and 31.25 during the day, Krungthai Bank market strategist Poon Panichpibool said. He said the baht tended to move in a predictable range, as the direction of the […]

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Cambodia: Outstanding loans not at worrisome level: ABC

The Credit Bureau of Cambodia (CBC) released its Credit Consumer Index for the first quarter among economic uncertainty stemming from lockdowns, loan restructuring and disruption in the manufacturing sector. The report showed that “debt past due” (DPD) over 30 days increased by 2.24 percent across the board while total loan balances grew by 6.44 percent […]

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