The 42nd anniversary of the reintroduction of the Riel, organised by the National Bank of Cambodia (NBC), was held yesterday at the Chip Mong Mall Sen Sok and was celebrated to raise public awareness about the history and importance of the currency. Riel Day 2022 will also be held consecutively in four provinces – Kampong […]
Read MoreThe baht opened at 33.32 to the US dollar on Monday, weakening from Friday’s close of 33.30. The Thai currency is expected to move between 33.25 and 33.40 during the day and between 33.10 and 33.60 during the week, Krungthai market strategist Poon Panichpibool said. The baht might fluctuate in a wide range, he added. […]
Read MoreMANILA, Philippines — Economists see the Bangko Sentral ng Pilipinas (BSP) maintaining a pro-growth stance by keeping interest rates at record lows despite the fact that rising oil and commodity prices are putting monetary authorities in a tight spot. Security Bank chief economist Robert Dan Roces said the central bank’s Monetary Board will likely put […]
Read MoreThe city has a total of 70 operational industrial clusters and parks in 17 districts and towns. Hanoi will establish 15 to 20 new industrial clusters according to the city’s industrial cluster development master plan by 2020 with a vision to 2030. It is one of the tasks under the plan on the management, and development […]
Read MoreThe National Bank of Cambodia has started implementing various policy measures to promote the use of riel in the economy based on market mechanisms. The use of riel has been facilitated through the development of electronic payment systems and other policies. For instance, ‘Fast Payment’, ‘Retail Pay’, ‘Bakong’ and other electronic payment systems have made […]
Read MoreThailand’s rice exports are expected to exceed 8 million tonnes this year, driven by the weakness of the baht and rising demand in the global market, according to veteran trader Chookiat Ophaswongse. Mr Chookiat, an honorary president of the Thai Rice Exporters Association, said Thai rice shipments reached 1.5 million tonnes in the first two […]
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