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Thailand: Govt ‘needs to lift all Covid curbs’

Various tourism business operators in the South and the East as well as the Thai Hotels Association are calling on the government to fully reopen the country to international tourists by lifting all remaining Covid-19 restrictions from next month. In an open letter addressed to Prime Minister Prayut Chan-o-cha and other officials dated Wednesday, the […]

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Vietnam: High-tech EU investment shows promise

Driven by the Vietnamese government’s new strong moves, greater investment flows from the EU into Vietnam is on the horizon for 2022 focusing on high-tech industries as well as green and sustainable business, expecting to change the country’s foreign investment picture in the months to come. In late January, a working group of the European […]

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A customer counts her ringgit notes outside a money changer at the central business district in Singapore in this August 25, 2015 file photo.  Malaysia's ringgit jumped more than 5 percent to a five-week high on October 7, 2015 on stop-loss dollar selling and higher local stocks.  The ringgit, the worst performing Asian currency so far this year, surged as much as 5.2 percent to 4.1600 per dollar, its strongest since Sept 1.     REUTERS/Edgar Su/Files
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Malaysia: Ringgit opens higher on steady commodity prices

KUALA LUMPUR: The ringgit recovered from yesterday’s losses to open higher against the US dollar today on steady commodity prices, said an analyst. At 9 am, the local currency appreciated to 4.1840/1865 versus the greenback from Thursday’s close of 4.1865/1880. Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid told Bernama that the elevated […]

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Thailand: Baht rises to 7-month high

The baht opened at 32.14 to the US dollar on Friday, strengthening from Thursday’s close of 32.18 to its highest level in seven months. The Thai currency is likely to move between 32.10 and 32.20 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht was supported by gold trading […]

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