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Thailand: KBank sees diminished baht

Kasikornbank (KBank) forecasts the baht will weaken further against the US dollar by June this year because of dividend repatriation by foreign investors and the country’s lower current account surplus. For May 17-21, dividend payments of SET-listed companies are expected to exceed 18.7 billion baht, while the following week the amount is estimated at 6.53 […]

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Vietnam: The fatal weakness of e-commerce

Many e-commerce firms still hold a traditional business mindset that does not keep up with the 4th industrial revolution as the companies lack interactions with customers. In early 2021, Mr. Nam Truong (Hanoi) wanted to buy a new washing machine. Searching on the Internet, he saw that prices were different, so he used a price […]

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BSP confident on Philippine credit rating

MANILA, Philippines — The country’s credit grade remains on solid footing despite the rising costs of pandemic response, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said yesterday. He said major international debt watchers such as S&P Global Ratings, Moody’s Investors Services and Fitch Ratings are likely to consider the sustainability of the government’s borrowing […]

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