The baht opened at 34.63 to the US dollar on Wednesday, dropping slightly from Tuesday’s close of 34.55. The currency is expected to move in a range between 34.50 and 34.70 on Wednesday, said Krungthai Bank market strategist Poon Panichpibool. Poon said the baht could weaken as the dollar strengthens. However, foreign investment has not […]
Read MoreSINGAPORE – Prices of resale condominium units edged up for the 21st straight month in April, while transactions fell slightly as the market stabilised following property cooling measures. Last month, condo resale prices rose at a slower pace of 0.7 per cent compared with March’s 0.8 per cent, according to flash figures from real estate portals 99.co […]
Read MoreThai consumer confidence dropped for a fourth straight month in April, hitting an eight-month low, due to concerns over higher living costs and the impact of Russia’s invasion of Ukraine, a survey showed on Tuesday. The consumer index of the University of the Thai Chamber of Commerce fell to 40.7 in April from 42.0 in […]
Read MoreKUALA LUMPUR, May 10 — Malaysia’s Industrial Production Index (IPI) increased 5.1 per cent in March 2022 compared to the same month of the previous year, driven by growth in three indices, namely manufacturing, electricity and mining, the Department of Statistics Malaysia (DOSM) said. Chief statistician Datuk Seri Mohd Uzir Mahidin said the manufacturing index […]
Read MoreJAKARTA (AFP) – Indonesia’s economy maintained steady growth in the first quarter (Q1) of 2022 despite global tensions, official data showed yesterday, as the nation reaped the benefits of soaring commodities prices and an easing of COVID restrictions. Indonesia was badly affected by the coronavirus pandemic, with its exports and tourism-reliant economy taking a massive […]
Read MoreIn a recent report of the World Bank (WB), Vietnam was among the economies that the institution sharply reduced its growth forecast indicators. In early April, the WB forecasted that Vietnam’s growth rate would be only 5.3% this year, according to the basic scenario, and even worse – 4.4%. These two rates are much lower […]
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Thailand
