The baht opened at 36.78 to the US dollar on Friday, strengthening from Thursday’s close of 36.87. The currency is expected to move between 36.65 and 36.90 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. He said the baht’s weakening may slow down as the dollar is weakening. Though the Thai currency could […]
Read MoreTHE second quarter of 2022 saw a continued rise in Housing Board (HDB) resale prices compared to Q1, according to figures released by HDB on Friday (Jul 22). The resale price index for Q2 was logged at 163.9, 2.8 per cent higher than that in the previous quarter. Tan Tee Khoon, country manager for PropertyGuru […]
Read MoreMANILA, Philippines — The Asian Development Bank (ADB) expects the Philippine economy to grow faster than initially anticipated this year, following the stronger-than-expected performance in the first quarter with the easing of pandemic-induced restrictions. In its Asian Development Outlook 2022 Supplement released yesterday, the multilateral institution said it raised the growth forecast for the Philippines […]
Read MoreVietnam is Cambodia’s huge and promising tourism market, with the highest percentage of foreign arrivals in the country, Under-Secretary of State at the Cambodian Ministry of Tourism Thok Sokkhom has said. He made the statement at the Cambodian Tourism Roadshow held by the Cambodian Ministry of Tourism in coordination with the People’s Committee of Can […]
Read MoreBANGKOK (AP) – Army-ruled Myanmar’s economy remains fragile as civil strife, inflation and onerous policy decisions add to troubles facing farmers and businesses, reports by the World Bank and other experts said yesterday. Conditions have improved since last year, right after the military ousted the elected government of Aung San Suu Kyi, but the country […]
Read MoreTourism revenue this year may total 1.2 trillion baht, below the government’s target of 1.5 trillion, if there are no additional support or stimulus schemes as the fiscal budget for tourism in 2023 has been heavily cut, according to Tourism and Sports Minister Phiphat Ratchakitprakan. Mr Phiphat said the proposed stimulus packages comprise a 1-billion-baht […]
Read More
Thailand
