The Federation of Thai Industries (FTI) has asked the government to carefully deal with two key economic issues — the global oil price surge and baht depreciation — to avoid a greater burden on the pandemic-plagued economy. Higher oil prices will increase production costs and the price of goods, while a sluggish economy will partly […]
Read MoreDigital payments have quadrupled from pre-pandemic levels, the Bank of Thailand said on Monday, as the country’s longest-running wave of infections accelerates demand for online services. Thailand’s latest outbreak started in April, accounting for more than 98% of its Covid-19 cases and deaths, prompting tougher restrictions in July and August that reduced mobility. The number […]
Read MoreWhile a number of foreign companies have moved part of their production or orders to other countries, many said they still see Viet Nam as a good… While a number of foreign companies have moved part of their production or orders to other countries, many still see Viet Nam as a good location for investment […]
Read MoreMalaysia’s ringgit scaled a near one-month peak on Monday and equities advanced more than half a percent after the government lifted interstate and international travel restrictions, while most other Asian currencies edged higher. Singapore dollar firmed 0.2% to hit its highest in two weeks, while equities touched a near two-month peak after the government opened […]
Read MoreLast week, Singapore made a major announcement that it will reopen its borders to visitors from another 9 countries without the need for quarantine. Since September 8, travellers from Brunei and Germany, which were on a trial of the Singapore Vaccinated Travel Lane (VTL), already enjoy quarantine-free entry to Singapore. Starting October 19, vaccinated travellers […]
Read MoreCambodia’s total trade volume in the first eight months this year remains positive despite the global economic fallout from the Covid-19 pandemic. The trade volume reached $25,610 million in the January-August period, up 7.9 percent compared with the same period last year. Cambodia’s total exports were worth $11,010 million, a year-on-year increase of 20.4 percent […]
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