The baht is likely to remain highly volatile due to external factors but its weakness is in line with moves in regional currencies, the Bank of Thailand said on Wednesday. The baht and regional currencies have moved both directions in accordance with global financial market conditions due to uncertainty over the US monetary policy and the […]
Read MoreMANILA, Philippines — The softening of the country’s budget deficit is expected to send a positive signal to foreign investors and bring in much needed resources to the Philippines. During the Laging Handa briefing yesterday, economist Michael Batu said the decline in budget deficit last year allows the government to have a wider fiscal space. […]
Read MoreCambodia recorded an average annual increase of 11.3 percent in the number of vehicles registered in the country in the last five years, according to the vehicle registration management system of the Ministry of Public Works and Transport (MPWT). The number of vehicles registered in the country from 1990 to 2022 stood at over 6.7 […]
Read MoreHANOI (XINHUA) – Vietnam’s Ministry of Justice has put forward a plan to increase tax rates on non-biodegradable plastic bags and packaging, as well as impose new excise taxes on single-use food and drink containers made from polystyrene foam, local newspaper Vietnam News reported yesterday. A draft proposal, to be submitted to the National Assembly, […]
Read MoreThe economy is not overheating and authorities can control inflation rates, says Finance Minister Arkhom Termpittayapaisith. He said the pace of Thailand’s economic growth was accelerating, unlike in other countries, and he hopes the rebound in the tourism sector will propel the growth momentum. Mr Arkhom said inflationary pressure was not caused by the demand […]
Read MoreMANILA, Philippines — The country’s foreign exchange buffer slipped below $100 billion in February, ending four consecutive months of increases, according to the Bangko Sentral ng Pilipinas (BSP). Data released by the BSP on Tuesday night showed the country’s gross international reserve (GIR) level declined by 1.3 percent to $99.31 billion in February after hitting […]
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Thailand
