Hong Lai Huat said the lockdown in Phnom Penh as well as Kandal province will affect its sales in the Singapore-based group’s property and real estate division. The agriculture division will continue to operate with safe guidelines in place. The lockdown in the Kingdom is currently scheduled to last from April 15 to April 28 […]
Read MoreThe baht opened at 31.21 to the US dollar on Tuesday, unchanged from Mondays close. The Thai currency is likely to move between 31.15 and 31.30, Krungthai Bank market strategist Poon Panichpibool said. He said the baht had strengthened due to the weakening dollar. However, there were factors looming to weaken the baht, such as […]
Read MoreThe Phnom Penh Autonomous Port released a statement revealing its financial summary for the first quarter of this year, registering $7,770,742 in revenue, which is an increase of 2% compared to the same period in 2020 which was at $7,603,877. The revenue sources of the Phnom Penh Autonomous Port received in the first quarter include: […]
Read MoreMost of Thailand’s famous holiday destinations were nearly empty last week during the long Songkran holiday. The latest Covid-19 wave — with daily infections climbing all week and hitting a record 1,582 on Friday — scared tourists away from popular beach resorts close to Bangkok such as Pattaya, Cha-am and Hua Hin, which has also […]
Read MoreA Chinese company has signed an agreement with Lao authorities to study the prospects for development of 5,000 hectares of land in southern Laos’ Attapeu province, raising concerns among residents that investors will take more land over time, destroying local livelihoods, Lao sources say. The Memorandum of Understanding (MoU) signed on April 7 allows China’s […]
Read MoreHEADLINE inflation expectations have been recovering since September 2020, rising to 2.7 per cent in March’s poll. This is according to the latest quarterly survey results of the Singapore Index of Inflation Expectations (SInDEx) released by DBS and the Singapore Management University (SMU), which polled 500 individuals that represent a cross-section of Singaporean households. March’s […]
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