Spending sentiment during the upcoming Songkran festival is expected to remain tepid, mainly because of a sharp rise in oil prices ignited by the Russia-Ukraine war and relatively high Covid-19 infections in the country. According to the latest survey conducted by the University of the Thai Chamber of Commerce (UTCC), spending during the upcoming Songkran […]
Read MoreAn agreement for an additional financing under the Cambodia Agricultural Sector Diversification Project (CASDP) has been signed between the project team and the Stung Trang Senchey Agricultural Community. The signing ceremony took place in Kampong Cham province under the presidency of Veng Sakhon, Minister of Agriculture, Forestry and Fisheries and Ms. Maryam Salim, Country Manager […]
Read MoreMANILA, Philippines — The country’s manufacturing output rebounded at a faster pace in February after the economy reopened from the Omicron surge at the beginning of the year. Factory output, as measured by the Volume of Production Index (VoPI), went up by 84.3 percent in February, quicker than the 17.1 percent uptick in January, and […]
Read MoreThailand will consider scrapping a mandatory real-time polymerase chain reaction (RT-PCR) test on arrival for foreign visitors as the country further relaxes its visa rules to attract tourists. The Public Health Ministry will propose replacing the RT-PCR tests with a rapid antigen test, Deputy Prime Minister and Public Health Minister Anutin Charnvirakul told reporters on […]
Read MoreThe baht opened at 33.58 to the US dollar on Thursday, weakening from Tuesday’s close of 33.43. Krungthai Bank market strategist Poon Panichpibool predicted the Thai currency would move between 33.50 and 33.70 during the day. Poon said the baht might swing sideways in a wide range. The currency may weaken during the day as […]
Read MoreBrunei Darussalam’s growth is expected to rebound in 2022 and 2023 with gross domestic product (GDP) growth of 4.2 per cent and 3.6 per cent respectively, led by a sharp increase in oil and gas output. A key policy challenge is the diversification of fiscal revenue away from oil and gas to enhance long term […]
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