PETALING JAYA: Businesses are more confident in the second quarter (Q2) of 2021 with a better overall confidence indicator of -3.1% against -11.3% recorded in the last quarter, according to the Business Tendency Statistics for Second Quarter 2021. Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the findings were obtained based on the results […]
Read MoreIn the first five months of 2021, rice exports declined by more than 30 percent due to the crisis of transportation due to a lack of containers and sea freight prices continued to rise by up to five times when compared to 2019. This is according to Mr. Oknha Song Saran, President of the Cambodian […]
Read MoreNon-alcoholic beverage producers in Vietnam have reported impressive growth thanks to the large space for development, which is the basis for both foreign and domestic players’ long-term investment commitment. In late March, Masan Consumer Holdings, a member of Masan Group, officially inaugurated a complex with the total investment capital of nearly $70 million, located in […]
Read MoreThe government has pinned its hopes on fresh measures to help alleviate hardships of people affected by the Covid-19 pandemic and to boost domestic consumption worth a combined total of 140 billion baht. The measures are scheduled to go before the cabinet today. Deputy Prime Minister Supattanapong Punmeechaow said the fresh measures will play a […]
Read MoreThe Philippine peso may return to the weaker P48 to US dollar territory in June as the economy continues to open up, according to bank analysts. Union Bank of the Philippines chief economist Ruben Carlo Asuncion said the peso-dollar exchange rate has a negative bias, with a forecast of P48 to P48.50:$1 for next month. […]
Read MoreThe baht opened at 31.19 to the US dollar on Tuesday, strengthening from 31.24 at close on Monday. The Thai currency is likely to move between 31.15 and 31.25 during the day, Krungthai Bank market strategist Poon Panichpibool said. He explained that the baht was moving in a narrow range, despite the weakening dollar and […]
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