The baht opened at 33.28 to the US dollar on Wednesday, weakening from Tuesday’s closing rate of 33.24. 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 the baht might fluctuate and weaken because the dollar strengthened and investors bought […]
Read MoreRetail fuel prices have been gradually increasing in recent weeks, adding another burden for low-income households whose finances have been hit hard by Covid-19. The retail selling price of petrol in the Kingdom from November 1-15 has been set at 4,550 riel ($1.12) per litre of regular EA92 – with an octane rating of at […]
Read MoreThe Commerce Ministry is keeping a close eye on rising prices of vegetables and other consumer products, the costs of which have been driven up by floods and higher oil and raw material prices. The ministry is calling for cooperation from manufacturers to help keep their products’ prices stable, and will provide 50 mobile units […]
Read MoreMicro-, small- and medium-sized enterprises (MSMEs) in Indonesia employ a staggering 97.2 per cent of the country’s total workforce but are contributing only close to 60 per cent of the US$1.2 trillion economy. As one of the major drivers of the Indonesian economy, they appear to be punching below their weight in terms of economic output. In order […]
Read MoreSINGAPORE (BLOOMBERG) – Singapore’s top central banker has said the monetary authority is watching for signs of accelerating inflation and is ready to act, underscoring how policymakers globally are refocusing attention on rising prices after their extraordinary efforts to weather the pandemic. “Overall, I would say the balance of risk has shifted towards inflation,” Mr […]
Read MoreThe request for a registration tax cut, if approved, will mostly benefit luxury car buyers. The Vehicles Importers Vietnam Association (VIVA) has sent a document to the Prime Minister and National Assembly on suggestions about the regulation on vehicle registration tax after hearing that the Government may, for the second time, ease the car registration […]
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