Page 5 – ASEAN Economic Community Strategy Center

Thailand: Baht opens the week stronger against the dollar

The baht opened at 32.46 to the US dollar on Monday, strengthening from last week’s closing rate of 32.62. The Thai currency is likely to move between 32.35 and 32.55 during the day and between 32.25 and 32.75 this week, Krungthai Bank market strategist Poon Panichpibool said. Poon predicted that the baht would drift sideways […]

Vietnam manufacturing output declines on Covid-19 outbreak

Vietnam’s manufacturers are facing an uphill task to keep operation amid restriction measures. The Vietnam Manufacturing Purchasing Managers’ Index (PMI) fell to 40.2 in August, down from 45.1 in July and signaling the worst deterioration in the health of the sector since April 2020, according to Nikkei and IHS Markit. Business conditions have now declined […]

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Thailand: Baht opens the week stronger against the dollar

Vietnam manufacturing output declines on Covid-19 outbreak