The cost of business travel to Bangkok has risen moderately by 4%, making it the 24th most expensive destination in Asia, while Singapore ranks second after Hong Kong this year, says ECA International (ECA). According to the Daily Rates report by ECA, the typical daily cost of business travel to Bangkok has risen to US$278 a day. […]
Read MoreMANILA, Philippines — The Philippines registered a balance of payments (BOP) deficit of $895 million in February, the widest in five months, as the government settled more foreign obligations, the Bangko Sentral ng Pilipinas (BSP) said. Data released by the central bank showed the BOP shortfall last month was 5.7 times the $157 million deficit […]
Read MoreThe national currency – the Cambodian Riel, with the currency code “KHR” – is crucial in building the Kingdom’s economy and bringing it greater independence and resilience, especially during post Covid-19 pandemic. “The riel represents the strength of Cambodia’s growing economy, and every usage of the riel helps improve the monetary sovereignty of the Kingdom,” […]
Read MoreThe Department of Economic Planning and Statistics (JPES) of the Ministry of Finance and Economy in collaboration with the Department of Agriculture and Agrifood of the Ministry of Primary Resources and Tourism (MPRT) will implement the maximum seasonal price setting (PHMB) on selected food items throughout the month of Ramadhan until the first week of […]
Read MorePETALING JAYA: Malaysia is expected to register narrower trade surplus this year amid the anticipated slowdown in export and import growth in the months ahead. That is the view shared by most economists who cited the downward risks posed by the US and European economies. They believed the banking crisis in these developed economies could […]
Read MoreMANILA, Philippines — The government yesterday raised P25 billion via the issuance of long-term securities although at slightly higher rates demanded by investors. The Bureau of the Treasury yesterday fully awarded P25 billion for the reissued 20-year T-bonds on offer with a remaining life of 19 years and eight months. The 20-year T-bonds fetched an […]
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Thailand
