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Thailand: Emerging markets to buoy exports in 2023

Thailand’s exports are expected to maintain growth momentum next year, albeit at a slower pace than this year, shored up by strong demand from emerging markets in Asia and the Middle East, speakers at a seminar said on Thursday. Speaking at the seminar organised by the Thai National Shippers’ Council, Chaichan Chareonsuk, the council’s president, said […]

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Chickens are seen inside a poultry farm in Sepang, Selangor, May 27, 2022.  Picture taken May 27, 2022. REUTERS/Hasnoor Hussain
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Malaysia posts 4% inflation in October

KUALA LUMPUR: Malaysia’s consumer price index (CPI) in October was up 4% an on annual basis to 128.6, as inflation moderated from September due to the absence of base effects. The increase was slightly above the median expectation of a poll of Reuters economists, who had predicted a rate of growth of 3.9%. Core inflation, […]

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Thailand: KBank foresees stronger baht next year

Kasikornbank (KBank) believes the baht will strengthen next year, dependent on internal factors after the US Federal Reserve eases its policy rate hikes. KBank adjusted its projection from a previous forecast of 37.50 baht to the US dollar at the end of 2022 to 35.25. The bank’s assessment is the baht will gradually appreciate to […]

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