Garment and manufacturing exports have risen by 13.5 per cent over the same time in 2020 – following a 20 per cent contraction from 2019 – buoyed by favourable arrangements with trading partners and a shift of orders from Myanmar and Vietnam to Cambodia, according to Prime Minister Hun Sen on December 16. The prime […]
Read MoreA widening gap in digitalization between Vietnam and advanced countries could further leave Vietnam behind in its quest for prosperity. In a rapidly-changing world where digitalization has now become an irreversible trend, a more active approach in pursuing digitalization remains essential for local businesses to stay competitive and eventually allow the Vietnamese economy to reach […]
Read MoreThe Tourism Authority of Thailand (TAT) is planning a massive marketing campaign engaging 26 global and regional influencers to promote the country’s reopening, including Thai-British Formula One driver Alex Albon among the candidates. The project, named “Amazing New Chapters: From A-to-Z Thailand has it all”, will focus on influencers with lots of followers to represent many […]
Read MoreTHE Philippine peso recorded its best day in a month after returning to the P49 to a US dollar territory on Thursday. The local currency rose 31 centavos from the previous day’s close of P50.27 to $49.96:$1. It has not been this high since November 12, when it closed at P49.85 per dollar. The peso’s […]
Read MoreKrungthai Compass, a research house under Krungthai Bank (KTB), predicts the Thai economy will start to recover next year with a growth rate of 3.8%, rising from a forecast of 1% this year. The 3.8% growth rate for GDP in 2022 would be supported by domestic consumption and private investment, in line with improving confidence […]
Read MoreThe baht opened at 33.41 to the US dollar on Friday, strengthening from Thursday’s closing rate of 33.42. The Thai currency is likely to move between 33.35 and 33.45 to the greenback during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht is likely to strengthen slightly because the dollar […]
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