KUALA LUMPUR, Nov 29 — The ringgit opened slightly higher against the US dollar today, as the greenback retreated on concerns about the latest coronavirus variant and travel controls being imposed by various countries. At 9am, the local note rose to 4.2350/2395 against the greenback from 4.2370/2400 at Friday’s close. Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said […]
Read More[SINGAPORE] Singapore is watching the new coronavirus variant Omicron closely and may be forced to roll back the easing up of safety measures as it moves forward to tackle the disease, said Prime Minister Lee Hsien Loong on Sunday (Nov 28). But the prime minister said he is confident the country will be able to […]
Read MoreAFP – Two Myanmar-China border crossings have re-opened for trade after the movement of goods was suspended for almost seven months due to Covid-19 restrictions, officials said. Five shipping containers of produce were exchanged on Friday at the Kyin San Kyawt border gate, around 11 kilometres (6.8 miles) from the northern Myanmar city of Muse. Min […]
Read MoreA new $6 billion Chinese-built railway line opens in Laos this week, bringing hopes of an economic boost to the reclusive nation, but experts are questioning the benefits of a project that has seen thousands of farmers evicted from their land. The 414-kilometre route, due to open on Friday, took five years to construct under […]
Read MoreRestaurant operators are adapting their business strategies to cope with rising operating costs, mainly from higher prices of raw materials, oil and logistics. According to Natalie Phanphensophon, chief operations officer at Coca Holding International Co, the operator of Coca Sukiyaki restaurants, operating costs for eateries increased the past 5-6 months as the pandemic caused farmers […]
Read MoreManufacturing companies are offering higher salaries and benefits to attract workers as their year-end order books bulge, but are getting few applications amid the lingering fear of Covid-19. Nearly two months after HCMC started to reopen its economy following months of lock-downs, soft drink producer Tan Quang Minh Manufacturing & Trading only has half its […]
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Thailand
