The baht opened at 33.14 to the US dollar on Thursday, strengthening from Wednesday’s closing rate of 33.23. The Thai currency is likely to move between 33.10 and 33.25 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon put the fluctuation down to current market sentiments. He said that if the market is […]
Read MoreJAKARTA (XINHUA) – Indonesia’s non-oil and non-gas manufacturing industry has recorded a 19 per cent increase in investment, or worth IDR324.5 trillion (USD22.6 billion) in 2021 amid the COVID-19 pandemic, the country’s Industry Minister Agus Gumiwang Kartasasmita said yesterday. The number went up from the 2020 investment valued at USD19 billion and was higher than […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – The number of Singapore shop units that went under the hammer last year surged as the retail sector was hit by recurring Covid-19 restrictions, according to real estate consultancy Knight Frank. The number of retail properties listed for mortgagee sale jumped 62 per cent in 2021 to 84 from 52 […]
Read MoreBrunei Darussalam’s fiscal deficit is forecast to narrow further to 6.9 per cent of gross domestic product (GDP) this year, following a substantial improvement in 2021, owing to higher oil and gas revenue. Meanwhile, Brunei’s economy is forecast to expand by 3.7 per cent in 2022, after contracting by an estimated 1.5 per cent in […]
Read MoreMANILA, Philippines — The country’s electronics exports hit an all-time high last year amid strong demand for new technologies, the Semiconductor and Electronics Industries in the Philippines Foundation Inc. (SEIPI) said. In a statement, SEIPI said the country’s total electronics exports reached $45.92 billion last year, 12.9 percent higher than the adjusted $40.67 billion in […]
Read MoreDespite facing Covid-19 last year, we saw deposits still increased. It means there are many Cambodians who had a budget they kept not to use because seemingly impacts of Covid-19, they paused business or they have not yet started a new investment, says Kea Borann, Chairman of CMA The money supply (MS) reached $39 billion […]
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