KUALA LUMPUR: The ringgit slid by 110 basis points against the US dollar today as cautious sentiment prevailed after the announcement of Malaysia’s first quarter of 2021 (Q1 2021) gross domestic product (GDP) results earlier, coupled with the surging Covid-19 cases and the nationwide Movement Control Order (MCO) 3.0. At 6 pm, the local note […]
Read MoreExport of durian to China has spiked thanks to an online booking platform set up by the Agriculture and Cooperatives Ministry. Alongkorn Ponlaboot, an adviser to the ministry, said that though it took nine hours to sell the first lot of 20 tonnes of durian, the second lot of 25 tonnes was snapped up in […]
Read MoreThe baht opened at 31.06 to the US dollar on Monday, strengthening from its previous close of 31.17 on Friday. The Thai currency is likely to move between 31 and 31.15 during the day and between 31 and 31.15 this week, Krungthai Bank market strategist Poon Panichpibool said. He suggested that investors monitor the dollar’s […]
Read MoreRich in history, vibrant in culture and cuisine, with striking landscapes from mountains in the North to beaches along the coast, Vietnam has become one of the favourite destinations in Southeast Asia. In 2019, the country welcomed a record 18 million foreign visitors and generated total revenue of US$32.8 billion (755 trillion dong) from both […]
Read MoreSINGAPORE – Applications for travel on compassionate grounds between Singapore and Malaysia are now open, a week before the formal system of allowing such movement launches. From Monday (May 10), people from either country can apply for cross-border travel to visit family members for emergency reasons such as death or critical illness. Only two visitors per case […]
Read MoreThe Cambodian government is formulating strategies and policies to counter challenges after preferential access for its exports are gradually reduced or as aid flows diminish. The news was relayed by Pich Rithi, secretary of state at the Ministry of Commerce, during a virtual seminar on the implications of less-development country graduation in the textile and […]
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