The baht opened at 32.89 to the US dollar on Tuesday, strengthening from Monday’s closing rate of 33.05, which was the lowest in a month and a half. The Thai currency is likely to move between 32.80 and 33 to the greenback during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said the […]
Read MoreSINGAPORE (BLOOMBERG) – The Monetary Authority of Singapore (MAS) is turning to regulation and technology to tackle so-called “greenwashing”, which it considers the weakest link in the push to expanding sustainable finance. Banks in Singapore will have to undergo stress tests from next year while making regulatory disclosures to ensure they are managing risks related […]
Read MorePUTRAJAYA, Nov 8 — Malaysia’s services producer price index (SPPI) edged up 0.2 per cent to 110.5 in the third quarter of 2021 (3Q21) as compared to 110.3 in the same quarter of 2020, said the Department of Statistics Malaysia (DOSM). Chief statistician Datuk Seri Mohd Uzir Mahidin said the main sub-sectors that contributed to […]
Read MoreThailand’s industries sentiment rose for a second straight month in October to a five-month high, bolstered by improved economic activity following an easing of coronavirus curbs, including a travel reopening, an industries group said on Monday. The country welcomed vaccinated foreign visitors quarantine-free from this month in a bid to revive its struggling tourism sector. […]
Read MoreMANILA, Philippines — The Philippine economy grew faster than initially estimated in the second quarter, state statisticians reported Monday. Gross domestic product grew 12% year-on-year in the April-June period, better than the 11.8% preliminary reading reported in August, the Philippine Statistics Authority said in a statement. The upward revision was due to adjustments to growth rates […]
Read MoreIn October alone, the Council for the Development of Cambodia approved 12 investment projects worth $112 million, according to the Council for the Development of Cambodia. The Investment Committee of Cambodia of the Council for the Development of Cambodia approved another new project to establish a factory to produce all kinds of suitcases and wheelchairs […]
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