The baht opened at 35.35 to the US dollar on Thursday, strengthening from Wednesday’s close of 35.56. The currency is expected to move between 35.20 and 35.45 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. He said the baht was likely to fluctuate and strengthen as the market was in a risk-on state […]
Read MoreMANILA, Philippines — A stable and predictable taxation on the tobacco industry is expected to provide consistent revenue collections for the government and stamp out the illicit trade of cigarettes, an international think tank said. In its latest economic impact report on the Philippines, Oxford Business Group (OBG) said further tobacco rate hikes may lower […]
Read MoreSINGAPORE on Thursday (Aug 11) significantly upgraded its full-year trade forecasts for the second time this year as second-quarter performance, driven by oil and electronics trade, turned out to be better than expected. Total merchandise trade is now projected to grow 15-16 per cent in 2022, instead of 8-10 per cent, according to Enterprise Singapore. […]
Read MoreInvestors from Thailand are mulling options to set up joint investments in Cambodia in some sectors, including processed food, agriculture, tourism, renewable energy, plastic, services, gems and jewellery. Around 60 businesspeople from Thailand visited Cambodia last week and the delegation held a discussion with the Minister of Industry Cham Prasidh. The business delegation termed its […]
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