The baht opened at 32.43 to the US dollar on Wednesday, weakening from Tuesday’s close of 32.40. The Thai currency is likely to move between 32.35 and 32.50 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. He said the baht was likely to fluctuate and weaken due to the Omicron situation as well […]
Read MoreCambodia was one of only nine countries and territories that saw no significant changes in electricity tariffs between 2019 and 2020, as the Covid-19 pandemic began to sweep across the globe. This is according to recent data posted on comparethemarket.com.au, an Australian price comparison website operated by Compare the Market Pty Ltd. Compare the Market […]
Read MoreBusinesses have appealed to the Labour Ministry to reduce the expenses involved in importing migrant workers and shore up labour shortages. Labour Minister Suchart Chomklin said so far labour imports via the memorandum of understandings (MoU) signed with neighbouring countries have missed their targets. Many business owners have sought to recruit migrant workers from Myanmar […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is keeping a wait and see stance on interest rates as it still has room to maneuver despite the hawkish policy of global central banks led by the US Federal Reserve. BSP Governor Benjamin Diokno said in an interview with Bloomberg Television that monetary authorities are […]
Read MoreBusiness leaders are increasingly worried about the escalating Russia-Ukraine conflict, with rising oil prices threatening to drive up living costs. The crisis has sent Brent crude futures to US$97.66 a barrel, the highest level since September 2014, and global stocks have plunged. Analysts at PTT Plc cited Suhail Al Mazrouei, the United Arab Emirates’ minister of […]
Read MoreDomestic petrol prices have hit an eight-year record high following the latest price adjustments made on February 21, dealing a heavy blow to ongoing recovery efforts of firms that have borne the brunt of the prolonged COVID-19 pandemic. According to the latest adjustment, petrol prices rose approximately VND1,000 to VND26,285 per litre for RON95, a […]
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