The baht opened at 32.50 to the US dollar on Tuesday, weakening from Monday’s closing rate of 32.45. The Thai currency is likely to move between 32.40 and 32.55 during the day, Krungthai Bank market strategist Poon Panichpibool said. Poon predicted that the baht would drift sideways in the short term. Investors are waiting for […]
Read MoreAs of July 2021, Vietnam’s export items have been subject to 207 trade probes from abroad, 77% of which, or 160, were conducted since 2011. While Vietnam’s large network of 17 free trade agreements (FTAs) has no doubt served as a key driving force for export growth, its early warning system for trade remedies has […]
Read MoreThe top logistics industry body has struck a deal with a digital technology association that is tailored to better position the freight sector to drive growth and slash delivery times and operating costs, according to the former’s chief. A two-year agreement was signed at a signing ceremony on the afternoon of September 6 by Logistics […]
Read MoreMANILA, Philippines — The Philippines likely recorded a stronger growth in exports and imports in July amid the continued reopening of global trade during the pandemic, according to Standard Chartered Bank. Jonathan Koh, economist for Asia and the Philippines at Standard Chartered Bank, said the Philippines’ trade deficit likely narrowed for the second straight month […]
Read MoreCambodia Business Council in Thailand (CBC) and Thai Business Council in Cambodia (TBCC) entered into an official partnership to promote trade and investment between the two neighbouring Southeast Asian nations. This comes just over three months since Cambodia on May 20 launched the CBC in Bangkok to serve as a one-stop centre for business trade […]
Read MoreThailand’s headline consumer price index (CPI) unexpectedly dropped for the first time in five months, down 0.02% in August from a year earlier, due mainly to government subsidies, the commerce ministry said on Monday. The reading compared with a forecast for a rise of 0.34% in a Reuters poll and followed July’s 0.45% increase. The CPI was […]
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