The baht opened at 34.42 to the US dollar on Wednesday, strengthening from Tuesday’s close of 34.47. The currency is expected to move in a range between 34.35 and 34.55 on Wednesday, predicted Krungthai Bank market strategist Poon Panichpibool. Poon said the baht might fluctuate and weaken during the day, especially before and after a […]
Read MoreMANILA, Philippines — The World Bank kept its growth outlook on the Philippine economy on expectations that “strong domestic conditions” would counter external headwinds. In its “Philippine Economic Update” report released Wednesday, the Washington-based multilateral lender projected the economy to grow 5.7% this year, unchanged from its previous report. If realized, World Bank’s forecast would […]
Read MoreVietnam needs to reduce taxes and fees for petrol and oil products to stabilise the domestic petroleum market and ensure economic growth, according to experts. Now, the average price of petrol, one of the economic inputs, has increased by 27.26 per cent from the beginning of the year and nearly 50 per cent on-year in […]
Read MoreKUALA LUMPUR: Malaysia’s total trade recorded a new achievement in 2021, surpassing RM2 trillion and recorded the fastest growth since 1994, the Department of Statistics Malaysia (DOSM) said. Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the value of Malaysia’s total trade recorded double-digit growth of 24.8 per cent to RM2.2 trillion in 2021 […]
Read MoreSINGAPORE – Singapore stayed the 13th most expensive city globally for expatriates to live in despite rising inflation, while Hong Kong was the world’s most costly for the second year in a row. These were some of the findings of the latest cost of living research published by ECA International. The firm carries out two […]
Read MoreTHE Thai tourism sector will likely rebound as tourist arrivals accelerate amid relaxed entry rules and easing Covid-19 cases, analysts said. Maybank analyst Yuwanee Prommaporn upgraded its call on the sector to “positive” from “neutral”, as she expects the trend of rising tourist arrivals could continue until the year-end, with international arrivals reaching 1 million […]
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