What are good investments in a period of high inflation? Inflation is a concern for many investors, with the continuing Russia-Ukraine war spiking energy prices considerably this year, driving global inflation to skyrocket. The Commerce Ministry revised Thailand’s 2022 headline inflation forecast to 5.5-6.5%. In June, inflation rose to nearly a 14-year high of 7.66%, driven […]
Read MoreMANILA, Philippines — Ty-led Metropolitan Bank & Trust Co. (Metrobank) is confident it can sustain credit growth despite the series of interest rate hikes by the Bangko Sentral ng Pilipinas (BSP). Minda Claver Olonan, first vice president and head of investor relations at Metrobank, said in an interview with reporters during a tour of the […]
Read MoreCambodia imported $215.26 million worth of iron and steel in the first seven months of 2022, up by 20.1 per cent over the $179.18 million logged in the same period in 2021, Customs reported, as the construction sector and general economic situation in the Kingdom continue to improve. This accounted for 1.13 per cent of […]
Read MoreHanoi has set a goal to train 2,000 companies and home business owners, civil servants and students in e-commerce skills this year. With the growing development in e-commerce, the demand for human resources in Vietnam is on the rise and forecasted to surge faster in two- or three-year time, according to local insiders. The explosive […]
Read MoreThe baht opened at 36.72 to the US dollar on Monday, strengthening from Friday’s close of 36.74. The Thai currency will likely move between 36.65 and 36.85 against the greenback during the day and between 36.35 and 36.95 during the week, Krungthai market strategist Poon Panichpibool predicted. He added that the baht might fluctuate and […]
Read MoreMANILA – The Philippine peso dropped to a record low on Friday (Sept 2), boosting pressure on the central bank to raise interest rates more aggressively to stem the slide. The currency weakened beyond its previous all-time low set in 2004 after surging imports widened the trade deficit to a record high in June. The […]
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Thailand
