The baht opened at 32.68 to the US dollar on Wednesday, weakening from Tuesday’s close of 32.61, the weakest in two weeks. Krungthai Bank predicted the Thai currency would move between 32.65 and 32.80 during the day. Poon said the baht was likely to fluctuate in a wide range due to pressure from the Russia-Ukraine […]
Read MoreRail Transport and Trade Joint Stock Company (Ratraco) has announced that a new rail freight linking Da Nang to Europe is expected to be launched in early March. Ratraco said the train will carry a total of 23 containers carrying furniture products of well-known Swedish brand IKEA. During the course of its journey, the train will […]
Read More(Bloomberg) — Indonesia’s inflation came in weaker than expected in February as government subsidies helped cushion the blow of surging commodity prices on consumers. Consumer prices rose 2.06% year-on-year, below the median estimate of 2.2% in a Bloomberg survey of economists. Prices also shrank by 0.02% on a monthly basis as price caps on cooking […]
Read MoreCambodia has over 17.6 million internet subscribers as of October, increasing from 1.6 million registered as of 2020, according to the report of the Telecommunication Regulator of Cambodia. The report stated the mobile internet users are 17.2 million. As of October last year, the mobile phone subscribers were 20 million, 125 percent compared to the […]
Read MoreA shoe exporter has become the first company in Cambodia to receive a Certificate of Origin (CO) to export goods to China under the Regional Comprehensive Economic Partnership (RCEP) ratified in October last year. Ministry of Commerce spokesman Seang Thay told The Post on March 1 that after the free trade agreement came into force […]
Read MoreMANILA, Philippines — Local manufacturing sped past production hurdles in February and posted its best performance in three years, although questions remain on whether the industry could sustain this momentum. British information provider IHS Markit reported the Philippines’ purchasing managers’ index (PMI), a measure of manufacturing output, surged to 52.8 in February from 50.0 in January, […]
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