The baht opened at 33.96 to the US dollar on Monday, weakening slightly from Friday’s close of 33.94 and edging closer to the 34 level. The Thai currency is expected to move between 33.85 and 34.05 during the day and between 33.60 and 34.15 during the week, Krungthai market strategist Poon Panichpibool said. Poon predicted […]
Read MoreTwo-way trade turnover between Vietnam and Lao topped 403 million USD in the first quarter of this year, up 19.2 percent over the same period last year, according to the Vietnamese Trade Office in Laos. Vientiane (VNA) – Two-way trade turnover between Vietnam and Lao topped 403 million USD in the first quarter of this year, up 19.2 […]
Read MoreJAKARTA : Indonesia’s central bank may hike its reserve requirement ratio (RRR) further if inflation starts to pick up, while the option to raise interest rates will be its last resort, its senior deputy governor said in a seminar on Friday. Bank Indonesia (BI) has already started normalising some of its pandemic-era ultra loose monetary […]
Read MoreKUALA LUMPUR : Malaysia’s consumer prices in March rose 2.2 per cent from a year earlier, below forecast, government data showed on Friday. The consumer price index (CPI) in March was expected to rise 2.3 per cent, according to 20 economists surveyed in a Reuters poll. Source: Reuters
Read MoreThe Federation of Thai Industries (FTI) is calling on the government to extend the diesel excise tax reduction for another three months to slow soaring energy prices and give businesses and households more time to adjust to higher manufacturing and living costs. The government previously agreed to halve the tax usually levied at 5.99 baht […]
Read MoreMyanmar’s central bank has announced a broad exemption of foreign entities from a controversial new policy requiring foreign exchange to be converted into local currency, a rule that triggered panic among business groups and residents. The exemption, dated April 20, includes companies with approved foreign investments, firms in special economic zones, international non-government organisations, diplomats, […]
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