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Thailand: Positive factors propel export growth

Thai exports are maintaining their growth momentum, expanding 8% year-on-year in January thanks to the global economic recovery, an easing of the container shortage and promotions by authorities. The Commerce Ministry reported on Wednesday customs-cleared exports fetched US$21.3 billion, with imports rising by 20.5% to $23.7 billion, resulting in a trade deficit of $2.52 billion. […]

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Singapore rents hit 7-year high, population dips

SINGAPORE: Home rents have risen to a seven-year high in Singapore, already one of the world’s most expensive cities, even though the city-state’s population has dipped in the past two years. The rental price index of private residential properties increased to 114.2 in the fourth quarter of 2021, up 9.9% from the same period a […]

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Thai stock purchases by foreigners boost baht

The baht opened at 32.48 to the US dollar on Thursday, strengthening from Wednesday’s close of 32.70. Krungthai Bank market strategist Poon Panichpibool predicted the Thai currency would move between 32.35 and 32.60 during the day. Poon said the baht found support from China’s new “Zero Covid” prevention measures, which could lead to a travel […]

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