BANGKOK: Thailand’s weak baht is good for exports while its fiscal and financial position remains strong, the prime minister said. Baht weakness, however, has a negative impact for some and the finance ministry and central bank are monitoring, Prayuth Chan-ocha told a business seminar on Wednesday Foreign visitors should hit 10 million this year following a […]
Read MoreSince the RCEP came into effect, it has brought great benefits to enterprises, founded on the reduction of import costs and the increase of export opportunities after tariff reductions. Over 90% of goods traded will eventually become tariff-free Xinhua – On May 27, a cargo ship loaded with Malaysian manganese ore arrived at Beibu Gulf Port […]
Read MoreMANILA, Philippines — S&P Global Ratings kept its gross domestic product (GDP) growth forecast for the Philippines at 6.5 percent for this year, but said scarring is largest in the country, as output would remain below pre-COVID trend in several Asia-Pacific economies. In a report, the debt watcher said the projected GDP growth for the […]
Read MoreVietnam’s consumer price index (CPI) in the January – June period rose by 2.44% year-on-year while its core inflation edged up 1.25%, the General Statistics Office (GSO) reported at a press conference on June 29. The CPI was up 2.96% in the second quarter, and 3.37% in June alone, compared to the same periods last […]
Read MoreDuring the 3rd Ordinary Session of the Ninth National Assembly yesterday, Mr. Bounleua said that sources of foreign exchange have decreased significantly, with the amount of foreign currency in the country unable to meet demand. Meanwhile, mismanagement of foreign currency is rife, with large amounts disappearing or failing to enter the system. Mr. Bounleua said that between […]
Read MoreRestaurant, food and tourism-related businesses are slowly recovering thanks to the country’s reopening to international tourists and increased arrivals, reflected in the latest new business registration figures released by the Commerce Ministry. Jitakorn Wongkhatekorn, deputy director-general of the Business Development Department, reported on Wednesday the number of new business registrations in May rose by 6% year-on-year […]
Read More
Thailand
