MANILA, Philippines — The Department of Trade and Industry (DTI) is urging the construction industry to go beyond the domestic market and tap opportunities overseas in order to thrive post-pandemic. During the Philippine Overseas Construction Board Virtual Construction Conference Monday, Trade Secretary Ramon Lopez urged the sector to consider opportunities available in the global market. […]
Read MoreThe move will help ensure the effective utilization of the Agreement on Singapore-Vietnam Economic Connectivity. The Vietnam-Singapore Industrial Park (VSIP), which has been a symbol for bilateral economic cooperation between the two countries, should be upgraded to become an environmentally friendly and high-tech industrial park model. Deputy Prime Minister Pham Binh Minh made the suggestion […]
Read MoreThe baht is expected to remain weak in the short term because the US Federal Reserve is likely to raise its policy rate earlier than projected. The local currency fell to 31.68 baht to the US dollar during trading yesterday, the lowest rate in 10 months. The baht’s depreciation is in line with regional currencies […]
Read MoreSugar cane output for the 2021-22 crop year is expected to drop below 100 million tonnes as sugar millers are offering higher prices amid tough competition to buy crops. Drought is a major factor reducing yields, which will affect sugar production and exports. Even in the wet season, Thailand will see less rainfall this year, […]
Read MoreKUALA LUMPUR: The ringgit opened higher against the US dollar today despite the strengthening greenback, supported by the steady crude oil prices and the positive sentiment brought about by the reaffirmation of Malaysia’s sovereign rating. The US dollar had extended its rebound from yesterday after its sharp corrective pullback on Monday. At 9 am, the […]
Read MoreAfter a full year of Covid-induced financial pressure with limited significant improvement in the economy, the outlook for the office and hotel markets remains challenging, according to the international property consultant CBRE. Mounting supply is emerging in the office market as tenants consider scaling back space, while average occupancy of Bangkok hotels remained near rock-bottom […]
Read More
Thailand
