By Chester Tay Malaysia’s manufacturing continued to contract in August though the downturn showed signs of moderating. IHS Markit’s purchasing managers index edged up to 43.4 in August from 40.1 in July, remaining below the 50.0 mark that separates contraction from expansion. Businesses reported sustained reductions in production and new orders. The latest rise in […]
Read MoreThe Tourism Authority of Thailand (TAT) has provided an update on domestic travel by air, bus, train and boat following the government’s latest announcement allowing the resumption of interprovincial travel between the 29 dark-red zone provinces and other areas from today, September 1. Air Travel Thai Airways Thai Airways International will operate twice weekly one-way […]
Read MoreMANILA, Philippines — Economic recovery for the Philippines will continue to be tough, with its return to pre-crisis levels seen only by late 2023, the Asian Development Bank (ADB) said. In a webinar organized by the United Nations Development Program (UNDP) Philippines yesterday, ADB country director Kelly Bird said economic recovery for the Philippines has […]
Read MoreThe baht opened at 32.23 to the US dollar on Wednesday, unchanged from Tuesday’s closing rate. The Thai currency is likely to move between 32.10 and 32.30 during the day, Krungthai Bank market strategist Poon Panichpibool said. The baht was likely to strengthen due to a hopeful economic recovery from an easing of the lockdown, […]
Read More[SINGAPORE] Singapore Exchange (SGX) is in advanced stages on unveiling new guidelines that will make it easier for special purpose acquisition companies (SPACs) to list in the city-state after receiving market feedback that some proposals were too strict, four sources familiar with the matter told Reuters on Wednesday. Singapore Exchange’s regulatory arm is considering easing […]
Read MoreThe number of flights connecting Hanoi to localities under social distancing is limited. The Civil Aviation Authority of Vietnam (CAAV) has requested local airlines to suspend selling tickets for domestic flights until further notice to comply with social distancing rules given the complicated developments of the Covid-19 pandemic across the country. “The air carriers are […]
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Thailand
