Prospects for Thailand’s packaging exports are promising, driven by the growing e-commerce market and rising demand for consumer goods and health products — especially recycled, environmentally friendly and health-conscious packaging — amid Covid-19. Phusit Ratanakul Sereroengrit, director-general of Trade Policy and Strategy Office (TPSO) under the Commerce Ministry, said a study by his office noticed […]
Read MoreMANILA, Philippines — Manila-based Asian Development Bank (ADB) is keeping its economic growth outlook for the Philippines at 4.5 percent this year amid a sea of downgrades in Southeast Asia due to the resurgence of COVID-19 cases. In its Asian Development Outlook Supplement released yesterday, ADB said its gross domestic product (GDP) growth forecasts for […]
Read MoreThe baht opened at 32.81 to the US dollar on Wednesday, weakening from Tuesday’s closing rate of 32.75. The Thai currency is likely to move between 32.75 and 32.90 on Wednesday and between 32.60 and 33 this week, Krungthai Bank market strategist Poon Panichpibool said. He explained that the weakening of the baht would spur […]
Read MoreThe Vietnamese Mekong Delta province of Long An plans to set up six logistics centres to meet transportation, and export and import demands, according to the provincial Department of Industry and Trade. The centres are also expected to help local firms improve their competitiveness, the department said. Of the facilities, three will be located in […]
Read MoreMANILA, Philippines — The Philippines has cited the need for regional and international collaboration in the agriculture sector in a bid to build more sustainable food systems. In a virtual meeting with five other Asian agriculture ministers on Monday, Agriculture Secretary William Dar encouraged his counterparts to unite and strive to achieve desired goals and […]
Read MoreThai gold prices hit a three-month high at 28,200 baht per one-baht weight on Tuesday, spurred by the depreciating baht which hit a 13-month low and the continued decline of Thai shares amid rising Covid infections. Meanwhile, cryptocurrencies led by Bitcoin slid to below a million baht for the first time in nearly two months. […]
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