MANILA, Philippines — Foreign trade posted another month of double-digit growth in July, thanks to favorable base effects that magnified both exports and imports expansion, but the global spread of highly-infectious Delta variant could slow down recovery momentum. What’s new External trade rose 19.2% year-on-year to $16.13 billion in July, the Philippine Statistics Authority reported Thursday. […]
Read MoreThe baht opened at 32.74 to the US dollar on Thursday, strengthening from Tuesday’s closing rate of 32.78. The Thai currency is likely to move between 32.65 and 32.80 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said investors were awaiting results of a key European Central Bank meeting today as the […]
Read MoreIndustries sentiment declined for a fifth straight month in August to 16-month low, hurt by tougher restrictions to contain the country’s biggest coronavirus outbreak and infections at factories, the Federation of Thai Industries (FTI) said on Wednesday. The measures were imposed in July in 13 provinces including Bangkok before being extended into August and expanded […]
Read MoreSingapore is the happiest country in Southeast Asia, according to the World Happiness Report 2021, compiled by the Gallup World Poll team. For the 2021 report, focus was placed on the effects of Covid-19 on happiness levels, and how governments have fared in handling the pandemic. Multiple considerations, including level of GDP and life expectancy, and […]
Read MoreKUALA LUMPUR, Sept 8 — The ringgit rebounded to close higher against the US dollar today, lifted by mild buying support for the local note, said an economist. At 6pm, the local note stood at 4.1495/1530 against the greenback from 4.1545/1560 recorded at yesterday’s closing. Speaking to Bernama, Bank Islam chief economist Dr Mohd Afzanizam […]
Read MoreMANILA, Philippines — The proportion of unemployed Filipinos went up in June, a new poll released Wednesday showed, painting a bleak economic picture amid prolonged pandemic lockdowns. A June 23-36 Social Weather Stations (SWS) survey of 1,200 adults found that 27.6% of the country’s adult labor force are unemployed, higher by 1.8 percentage points compared to […]
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