The baht opened at 32.66 to the US dollar on Wednesday, weakening from Tuesday’s closing rate of 32.60. The Thai currency is likely to move between 32.60 and 32.75 during the day, Krungthai Bank market strategist Poon Panichpibool said. He said foreign investors decided to sell their assets in Thailand due to uncertainty caused by […]
Read MoreThunes, a leading global payments network, has announced a partnership with ABA Bank (“ABA”) that enables Cambodians overseas to send money back home quicker and cheaper from around the world. Previously, customers making international money transfers to Cambodia had to pay high fees averaging close to 12% on a $200 transfer and wait several days […]
Read MoreMANILA, Philippines — Despite a projected increase in global pork production this year, the Philippines’ pork output is seen to decline nearly 40 percent than its production prior to African swine fever (ASF), according to the United States Department of Agriculture (USDA). In its latest report, the USDA-Foreign Agricultural Service (FAS) said Philippine pork production […]
Read MoreA draft of a royal decree meant to regulate digital platforms providing services in Thailand has drawn criticism among legal and tech experts about its impracticality over stringent requirements. The Electronic Transactions Development Agency (ETDA) is set to unveil a draft royal decree on regulating digital platforms which are subject to prior notifications for public […]
Read MoreThe Bank of Thailand said on Tuesday that headline inflation should decline and hover around the lower band of its target range of 1%-3% by the end of the year. A jump in inflation in the second quarter was deemed as temporary due to the low base of energy prices and several price relief measures […]
Read MoreFood and beverage (F&B) establishments here continue to struggle with manpower shortages, despite offering higher pay. Many outlets are under-staffed by 20 per cent to 30 per cent, said the Restaurant Association of Singapore (RAS), which has more than 500 members, including restaurants, caterers and fast-food chains. “Many F&B brands have also commented that even […]
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