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Thai Baht Expected to Strengthen in 2023

The Thai baht is expected to have a strong year in 2023, buoyed by an influx of Chinese tourists and slowed US rate hikes. Bangkok Post reports that Thailand’s currency may get a boost from a potential rise in the Consumer Price Index (CPI), as well as the US Federal Reserve Bank’s tightening cycle nearing its end. […]

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Cambodia’s milled rice export up 3.2 pct in 2022

Cambodia exported 637,004 tons of milled rice to international markets in 2022, up 3.2 percent, from 617,069 tons a year earlier, the Cambodia Rice Federation (CRF) said in a news release on Tuesday. The Southeast Asian nation earned 414 million U.S. dollars in revenue from the exports of the commodity to 59 countries and regions […]

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Thailand: Baht tipped to have a strong year

The race to be Southeast Asia’s best-performing currency in 2023 looks like it could be between the Thai baht and Singapore dollar. The baht is set to be powered by an influx in Chinese tourists after Beijing rescinded most of its Covid controls over the past month, paving the way for a recovery in outbound travel. […]

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The Pensonic  workers at the production line of stand fan at the company plant in Bukit Minyak, Bukit Mertajam Penang yesterday. - Starpic Mustafa Ahmad (17/09/2015).
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Malaysia’s manufacturing continues to moderate, PMI eases to 47.8 in December 2022 – S&P Global

KUALA LUMPUR: Malaysia’s manufacturing sector continued to face challenging business conditions in December 2022, with the manufacturing purchasing managers’ index (PMI) easing to 47.8 against 47.9 in November, S&P Global said. “This marked a fourth consecutive softening of operating conditions across the Malaysian manufacturing sector,” it said in a statement. The latest moderation, though broadly […]

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