Bilateral trade between Cambodia and Vietnam totalled $1.72205 billion in the first quarter of 2022, representing a 13.6 per cent increase from the $1.5153 billion recorded in the corresponding period last year, according to Customs. In January-March, Cambodian exports to Vietnam clocked in at $758.81 million, rising by 3.9 per cent year-on-year, and imports were […]
Read MoreThe baht opened at 33.90 to the US dollar on Friday, the highest in four months, strengthening from Thursday’s close of 33.85. Krungthai Bank market strategist Poon Panichpibool predicted that the currency will move between 33.80 and 34 during the day. He added that the baht may further strengthen to 34 as it is being […]
Read MoreThe retail prices of regular-grade petrol and diesel were respectively hiked by about 2.0 per cent and 7.8 per cent on April 21, according to a Ministry of Commerce notice. For the April 21-30 period, the retail selling prices of fuel in the Kingdom have been set at 5,150 riel or $1.28 per litre of […]
Read MoreECONOMIC growth should top 6.0 percent over the next five years for the Philippines to pay off pandemic-related debt, Finance Secretary Carlos Dominguez 3rd said on Thursday. “The biggest challenge for the next administration is really to grow out of the debt that we incurred during the pandemic,” he said in a Bloomberg interview. The borrowings, he added, were “natural because […]
Read MoreVietnam aims for a healthy and sustainable trade partnership with all key partners. Deputy Prime Minister Le Van Thanh has signed off decision No.493 approving the country’s trade strategy until 2030, which targets export growth of 6-7% during the 2021-2030 period. Under the strategy, Vietnam’s exports are expected to expand by 8-9% in 2021-2025, and […]
Read MoreThe government still has room to borrow another THB1.3 trillion before it reaches the 70 per cent ceiling of public debt as a ratio of gross domestic product, a source from the Finance Ministry said. Public Debt Management Office (PDMO) director Patricia Mongkhonvanit said on Thursday that there was still room for the Finance Ministry […]
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Thailand
