The baht opened at 34.51 to the US dollar on Thursday, strengthening from Wednesday’s close of 34.54. The currency is expected to move in a range between 34.40 and 34.60 on Thursday, predicted Krungthai Bank market strategist Poon Panichpibool. Poon said the Thai currency might fluctuate and weaken early during the day as the dollar […]
Read MoreMANILA, Philippines — Festering global supply chain issues hurt local manufacturing output in April, with fading base effects showing a clearer picture of the impact. What’s new Results of PSA’s monthly survey of selected industries revealed the volume of production index (VoPI), a measure of manufacturing output, rose at a slower rate of 3.4% year-on-year […]
Read MoreKUALA LUMPUR, June 9 — Malaysia’s wholesale and retail trade sales increased by 15.2 per cent year-on-year (y-o-y) to register RM128.0 billion in April 2022, according to the Department of Statistics Malaysia (DOSM). Chief statistician Datuk Seri Mohd Uzir Mahidin said the increase in wholesale and retail trade was attributed to the retail trade sub-sector […]
Read MoreMarred by intense competition and several promotional campaigns, the three major e-commerce operators in Thailand have racked up a combined 39 billion baht in operational losses over the past seven years, according to Creden Data, a data analytics service provider. The trio are Lazada, the Southeast Asia e-commerce arm of China’s Alibaba; Shopee, the e-commerce […]
Read MoreThe three-phase construction of new port terminal at the Sihanoukville Autonomous Port will boost Cambodia’s maritime transport sector, with the first phase set to begin by the end of 2022. Thai Rithy, Deputy Director General of the publicly-listed Sihanoukville Autonomous Port, said that the phase 1 of port terminal construction project will break ground later […]
Read MoreThis is the golden time for Vietnam to make breakthroughs in development as countries around the world are facing high risks of inflation. Vietnam’s independence in the supply of food, which accounts for 40% of the commodity bundle used for the calculation of the consumer price index (CPI), has been a key factor in helping […]
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Thailand
