The baht opened at 35.59 to the US dollar on Monday, strengthening from Friday’s close of 35.65. The Thai currency is expected to move between 35.50 and 35.70 against the greenback during the day and between 35.30 and 35.80 during the week, Krungthai market strategist Poon Panichpibool predicted. Poon said the baht may test its […]
Read MoreThe Department of Economic Planning and Statistics (DEPS) has released for the first time a report on the International Merchandise Trade Index (IMTI) for the year 2021. The IMTI report will subsequently be released for every quarter beginning the first quarter of 2022. The publication of this report follows international practices as recommended by the […]
Read MoreHÀ NỘI — Mounting fuel and coal costs have been added to cement producers’ bills, leaving them no choice but to increase prices. Price adjustments can be observed in almost all producers, with none willing to hold down prices to see profits eroded. Prices have been adjusted from VNĐ50,000 to VNĐ140,000 per tonne across the […]
Read MoreBENGALURU: Malaysia’s central bank will raise rates by 25 basis points on Wednesday, its first consecutive rise in more than a decade, to rein in inflation stemming in part from a weaker ringgit as the U.S. Federal Reserve hikes aggressively, a Reuters poll found. Bank Negara Malaysia (BNM), although dealing with low inflation compared with many other economies, […]
Read MoreThe Thai government is being urged to accelerate the stimulation of border trade and establish joint special economic zones with bordering countries to boost trade and investment. Such a move could help offset the impact from a spate of risks to the global market, such as a prolonged Russia-Ukraine war, an energy crisis and a […]
Read MoreVientiane Times reports that the inflation rate is the highest since May 2000, with rising oil and consumer prices continuing to hit the pockets of people in Laos. Authorities say the rising price of petrol, cooking gas, and other imported items, together with the depreciation of the Lao kip, are fuelling runaway inflation. The consumer price index […]
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