The Department of Trade Negotiations (DTN) said on Monday that Thailand is reevaluating the pros and cons of the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) free trade agreement after China signed the pact last week. Auramon Supthaweethum, the department’s director-general, said the market size of CPTPP is now bigger than it was when it only […]
Read MoreMANILA, Philippines — The Philippines is expected to be among the countries that will push global nickel production this year as the mineral sector recovers from the pandemic. In its latest report, GlobalData, a leading data and analytics company in the UK, said global nickel production is seen growing 6.8 percent to reach 2.42 million […]
Read MoreThe baht opened at 33.35 to the US dollar on Tuesday, weakening from Monday’s closing rate of 33.34. The Thai currency is likely to move between 33.30 and 33.45 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said the baht is still pressured by weakening factors than strengthening in the short term. […]
Read MoreMinister of Commerce Pan Sorasak plans to lead a delegation to South Korea next month to sign the Cambodia-Korea Free Trade Agreement (CKFTA), if the Covid-19 situation permits, according to a senior official. Many observers share the opinion that the East Asian economy will outstrip most rivals as buyers of Cambodian merchandise once the agreement […]
Read MoreThailand will raise its public debt ceiling to accommodate higher borrowing and spending to help support the economic recovery from the pandemic. The limit on the debt-to-gross domestic product ratio will be increased to 70% from 60% to allow the government to borrow more if necessary, Finance Minister Arkhom Termpittayapaisith said after a meeting on […]
Read MoreMANILA, Philippines — Tourism receipts are expected to plunge anew this year as the country continues to struggle to control the pandemic amid the emergence of the highly transmissible Delta variant, according to the Bangko Sentral ng Pilipinas (BSP). Zeno Ronald Abenoja, managing director of the Department of Economic Research in the BSP, said travel […]
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