The baht opened at 33.30 to the US dollar on Thursday, strengthening from Wednesday’s closing rate of 33.35. The Thai currency is likely to move between 33.20 and 33.40 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that foreign investors might sell Thai stocks due to the Asian market which would […]
Read MoreSINGAPORE – After suffering fits and starts for most of 2021, the Singapore economy is now set to grow at a faster than usual pace, with economic output already returning to its pre-pandemic level in the third quarter, the central bank said on Thursday (Oct 28). With the resurgence of Covid-19 a lingering threat, the […]
Read MoreSINGAPORE – Insurer NTUC Income is expanding its operations to Indonesia, Vietnam and Malaysia through strategic partnerships with leading insurance companies in these countries. The partnerships will be built on the insurance-as-a-service model, in which insurers deliver personalised insurance products to the customer in a simplified way while taking into account when and how they require them. NTUC […]
Read MoreThe government is being urged to beef up its efforts to boost shipments and promote food and beverage products, now that the two sectors are found to have generated the most income for the nation. According to Ronnarong Phoolpipat, director-general of the Trade Policy and Strategy Office (TPSO), his office’s latest study has found that […]
Read MoreThe Industry Ministry expects to revise the manufacturing production index (MPI) growth for 2021 up from 4-5% next month, following positive sentiments from the planned reopening of Thailand and the revived global economy. GDP in the industrial sector was also earlier predicted to grow by 3-4% this year. “The government has sped up giving Covid-19 […]
Read MoreSenate Democrats announced a 15% minimum tax on large companies’ income on Tuesday, winning support from a key moderate lawmaker, as they try to generate enough money to pay for President Biden’s social-spending and climate-change agenda. Sen. Kyrsten Sinema (D., Ariz.) endorsed the proposal, after balking at other forms of tax increases. Her objections in […]
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Thailand
