Bilateral trade between Cambodia and the US remained resilient in the first half of 2021, clocking in at $3.8402 billion, or a 32.8 per cent surge from the $2.8917 billion booked in the same period last year, despite the profound implications of the Covid-19 pandemic on international trade and the magnitude of uncertainty shocks in […]
Read MoreMANILA: The Philippines’ central bank will keep its accommodative monetary policy plans for as long as needed to ensure a strong and sustainable economic recovery from the coronavirus pandemic, its governor said on Monday. Bangko Sentral ng Pilipinas Governor Benjamin Diokno also said he expects a “strong recovery” in the second quarter after a contraction […]
Read MoreMany forwarding companies have found it difficult to deliver goods as there are not enough deliverymen. Amid rising demand, various delivery apps and delivery firms have recently been set up, including Giao Hang Nhanh (fast delivery), Giao Hang Tiet Kiem (economical delivery), Ninja Van, Best Express and AhaMove, now competing directly with the big players […]
Read MoreKUALA LUMPUR: The ringgit opened the week on a weaker note as investors continued to worry over Malaysia’s highest daily COVID-19 cases. At 9.02 am, the local note stood lower at 4.2230/2250 versus the greenback compared with 4.2180/2205 at Friday’s close. On Friday, Malaysia recorded 20,889 new COVID-19 infections, the highest since the pandemic started […]
Read MoreFrom 1990 to 2019, the number of people living in extreme poverty (according to the World Bank threshold of US$1.90 per day) plummeted, from 1.9 billion to 648 million. But Covid-19 has reversed much of this progress. By the end of 2021, the pandemic will have pushed approximately 150 million people back into extreme poverty. […]
Read MoreThe baht opened at 33.42 to the US dollar on Monday, weakening from last week’s closing rate of 33.38. It was the lowest the baht had slid to in almost three years. The Thai currency was likely to move between 33.40 and 33.55 during the day and between 33.20 and 33.70 this week, Krungthai Bank […]
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Thailand
