Vietnam is the largest gold market in Southeast Asia, according to a recent study of the World Gold Council (WGC). The WGC also announced the country among the top 10 markets in the world, saying consumer demand for gold in Vietnam reached 39.8 tonnes in 2020, higher than the demand of 37.6 tonnes in Indonesia […]
Read MoreThe baht opened at 31.09 to the US dollar on Tuesday, unchanged from Mondays closing rate. The Thai currency is likely to move between 31.05 and 31.20 during the day, Krungthai Bank market strategist Poon Panichpibool said. He predicted that the baht would move to 31 to the dollar with resistance. Meanwhile, several companies are […]
Read MoreForeign investors from China, Thailand, and Singapore are increasingly acquiring renewable energy projects located at strategic positions from domestic enterprises. Chinese investors are increasing their ownership in numerous renewable energy projects in Central Vietnam, the Central Highlands region, and Southwest Vietnam. Notably, in Dak Nong Province, the joint venture between Hung Bac Energy Investment JSC […]
Read MoreMANILA, Philippines — Car sales plummeted to their lowest level in 10 months in April, adding to growing evidence that consumer demand suffered a fresh blow from reinforced lockdowns that likely halted the economy’s already slow bounce-back. A total of 17,843 units were sold by members of the Chamber of Automotive Manufacturers of the Philippines […]
Read MoreKUALA LUMPUR: The ringgit slid by 110 basis points against the US dollar today as cautious sentiment prevailed after the announcement of Malaysia’s first quarter of 2021 (Q1 2021) gross domestic product (GDP) results earlier, coupled with the surging Covid-19 cases and the nationwide Movement Control Order (MCO) 3.0. At 6 pm, the local note […]
Read MoreExport of durian to China has spiked thanks to an online booking platform set up by the Agriculture and Cooperatives Ministry. Alongkorn Ponlaboot, an adviser to the ministry, said that though it took nine hours to sell the first lot of 20 tonnes of durian, the second lot of 25 tonnes was snapped up in […]
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