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Thailand: Exports see surge as baht declines

The weakening baht against the US dollar has propped up the export sector, which could register higher growth this year if Thailand can overcome challenges ranging from the ongoing pandemic to shortages of containers and labour. Baht trading on Wednesday opened at 33.45 baht against the dollar, moving in a range of 33.34-33.47 during day […]

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Philippines: ‘Delta variant poses risk to recovery’

MANILA, Philippines — The stricter lockdown measures aimed to slow the spread of the more infectious COVID Delta variant pose serious challenges to the economy and the labor market, a Department of Finance official said. Finance Undersecretary and chief economist Gil Beltran said the imposition of enhanced community quarantine (ECQ) in the National Capital Region […]

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