The baht opened at 32.73 to the US dollar on Monday, weakening from Friday’s close of 32.48. The Thai currency is expected to move between 32.60 and 32.80 during the day and between 32.00 and 32.90 during the week, Krungthai Bank forecast. Krungthai said that the baht is likely to weaken if the market enters […]
Read MoreKUALA LUMPUR, Feb 28 — The ringgit extended its firmer position from last Friday to open better against the US dollar, supported by higher oil prices, analysts said. At 9.04am, the local note stood at 4.1985/2030 versus the greenback compared with 4.2005/2040 yesterday. An analyst said Brent crude remained above the US$100 per barrel, trading […]
Read MoreVietnam has a large percentage of broadband internet subscribers, with rates among the cheapest in the world. According to the Department of Telecommunications (Ministry of Information and Communications), as of October 2021, Vietnam had more than 18.8 million fixed broadband Internet subscribers. According to the International Telecommunication Union (ITU), the fixed Internet unit price/per capita […]
Read MoreCambodia ranked third in real income gains and export growth under the Regional Comprehensive Economic Partnership (RCEP) free trade agreement, showed a recent research paper by the World Bank. Titled “Estimating the Economic and Distributional Impacts of the Regional Comprehensive Economic Partnership”, the report said Cambodia came in third after Vietnam and Malaysia in terms […]
Read MoreMANILA, Philippines — Economists are expecting an uptick in inflation due to rising global oil prices amid Russia’s invasion of Ukraine. Ruben Carlo Asuncion, chief economist at Union Bank of the Philippines, said inflation in February would likely accelerate to 3.4 percent after easing to a 15-month low of three percent in January. Asuncion said […]
Read MoreExperts said a law on bad debt settlement should be put in place before two regulations expire in six months. Can Van Luc, chief economist at BIDV, is concerned that Circular No.14 and Resolution No.42, which regulate bad debts in the banking system, will soon expire. He believes a law on bad debt settlement should […]
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