Singapore-based ASEAN+3 Macroeconomic Research Office (Amro) on May 6 projected the Cambodian economy to grow by 4.0 per cent in 2021, led by a robust recovery in manufacturing and supported by continued fiscal stimulus by the government. “The Cambodian economy is expected to return to positive growth in 2021 after a contraction last year. The […]
Read MoreThe baht opened at 31.13 to the US dollar on Thursday, weakening from its previous close of 31.11 on Wednesday. The Thai currency is likely to move between 31.05 and 31.20 during the day, Krungthai Bank market strategist Poon Panichpibool said. He said the baht tends to fluctuate according to the Covid-19 situation in the […]
Read MoreThe central bank left its key interest rate unchanged at a record low of 0.50% on Wednesday, as expected, preserving its limited ammunition as the economy struggles with a third wave of coronavirus infections. The latest outbreak has slowed domestic activity for the tourism-reliant economy at a time when it was preparing to reopen to […]
Read MoreWith Red and Orange Zones anticipated to shrink in size and vitality returning to Yellow Zones as markets and shops begin to reopen in earnest, increased competition in the mini mart sector is looming as CP All (Cambodia) Plc has begun recruiting for the Kingdom’s first 7-Eleven convenience store. The Cambodian subsidiary of Thailand’s CP […]
Read MoreThe lack of understanding about international laws and limited financial capabilities remain two major challenges for local firms to protect their brands abroad. In a move to prevent the ST25 rice brand from falling into the hand of US and Australian firms, Ho Quang Tri Company, the owner of the rice variety, has reached an […]
Read MoreSINGAPORE retail sales rose 6.2 per cent year on year in March, with a low base effect likely to boost April’s figures as well, said economists. But the trajectory from there will depend on whether the tightened Covid-19 measures in May persist beyond their intended three-week duration, they added. “While April data is likely to […]
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Thailand
