MANILA, Philippines — The Philippine economy would be among those to be hurt most by the slowdown in China, the country’s largest trading partner, a global think tank said. In its latest research brief, Oxford Economics said China’s growth slowdown would dampen economic activity across Asia-Pacific in various degrees, depending on trade linkages with the […]
Read MoreThe government will launch the “Thailand Pass” system to fast-track procedures for foreign visitors when the country reopens on Monday. Meanwhile, Bangkok governor Pol Gen Aswin Kwanmuang said the capital is ready to welcome back travellers from overseas as “all” of the city’s residents have received their first shots of a Covid-19 vaccine and 75% […]
Read MoreSINGAPORE – Employers that have recovered or are recovering from the fallout of Covid-19 should prioritise restoring workers’ wage cuts and rolling back wage-related cost-saving measures such as temporary layoffs. The National Wages Council (NWC) also said on Friday (Oct 29) that businesses which are still struggling should consider non-wage cost-saving measures as far as […]
Read MoreNew legislation is needed to secure the future of debt trading – and with prudent tweaks to the current regime, Vietnam could open up the market for retail trading on its newest platform, bringing together banks and investors. Vietnam’s very first debt exchange platform was launched in mid-October by Vietnam Asset Management Company (VAMC) to […]
Read MoreThe baht opened at 33.19 to the US dollar on Friday, strengthening from Thursday’s closing rate of 33.30. The Thai currency is likely to move between 33.10 and 33.30 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht strengthen because the dollar weaken and the gold-selling. Investors might be […]
Read MoreA survey on the Thai population’s financial skills last year shows that more people are now either saving or investing their money. The Bank of Thailand (BOT) said on Thursday that 71 per cent of Thais show their financial skills have improved compared to 66.2 per cent in 2018. The central bank collaborated with the […]
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