The baht opened at 31.37 to the US dollar on Friday, strengthening slightly from Thursday’s closing rate of 31.45. The Thai currency is likely to move between 31.35 and 31.45 during the day, Krungthai Bank market strategist Poon Panichpibool said. He predicted that the baht would weaken in the short term due to the market […]
Read MoreDomestic car sales surged 93.07% in April from a year earlier to 58,132 vehicles, coming off a very low base last year when the country was in a full lockdown, the Federation of Thai Industries said on Thursday. Sales rose 25.47% year-on-year to 74,295 cars in March, a month before a third wave of coronavirus […]
Read MoreOnline shoppers are being warned over purchasing expensive goods as a rise in e-commerce means more merchants exploiting loopholes and concerns over customer protection – something the Vietnamese government is already aware of and attempting to quash with new legislation. Last week Dr. Leigh Jones, head of training at a research institute based in Ho […]
Read MoreJAKARTA: Indonesia’s government proposed to parliament on Thursday a shakeup in tax policy, including introducing new levies, to help it boost next year’s revenues while reducing the budget deficit, the country’s finance minister said. While the proposal brought up at parliament’s plenary meeting lacked details, it was still met with objections from several lawmakers who […]
Read MoreMANILA, Philippines — Sales of imported vehicles rose by 40 percent in the four months to April as all segments registered growth, even as government imposed lockdowns due to the surge in COVID-19 cases and slapped provisional safeguard duties on imported automobiles. The Association of Vehicle Importers and Distributors Inc. (AVID) said it sold a […]
Read MorePETALING JAYA: Prices of various commodities have been on the rise, and as a producer of some of these commodities, Malaysia is a beneficiary of the price uptrend through higher proceeds from exports. This should also translate into a stronger ringgit, giving a boost to the currency that has largely traded sideways above the RM4.10 […]
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