The baht opened at 35.75 to the US dollar on Monday, weakening from Friday’s close of 35.56. The Thai currency is expected to move between 35.65 and 35.85 against the greenback during the day and between 35.50 and 36 during the week, Krungthai market strategist Poon Panichpibool predicted. Poon said the baht will likely fluctuate […]
Read MoreMonetary and fiscal policies have been tightened to fight inflation in Vietnam (though it is among the lowest in the world), instead of aiming to recover production and boost growth, which is needed after several years of pandemic. Monetary and fiscal policies have been tightened to fight inflation in Vietnam (though it is among the […]
Read MoreSome business sectors are concerned about the effect of the Bank of Thailand’s anticipated interest rate hike on companies and the public, while related private and state organisations have vowed to do their best to mitigate the impact. The central bank’s Monetary Policy Committee (MPC) is scheduled to hold its next policy meeting on Aug 10, […]
Read MoreMyanmar’s central bank weakened its kyat currency from 1,850 to 2,100 per dollar on Monday, according to a statement published in a state newspaper. Myanmar’s economy has collapsed since the military seized power last year, halting a decade of reforms, putting pressure on the kyat’s value against the dollar, and driving up fuel and food […]
Read MoreTEMPO.CO, Jakarta – Garuda Indonesia President Director Irfan Setiaputra said the additional fee for air ticket prices would not reach 15 percent as allowed by the government following the surging aviation fuel prices. The state airline, Irfan added, is committed to ensuring the affordability of airline tickets albeit it must also adjust to the current high price of airplane […]
Read MoreKUALA LUMPUR, Aug 8 — Malaysians’ fear of inflation and poverty have surpassed their concern about the lingering Covid-19 pandemic, according to a new Ipsos poll. The market analysis firm reported that 23 per cent of Malaysian respondents were struggling financially while 45 per cent felt they were just getting by, in the survey involving […]
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