The peso has been appreciating in recent weeks despite the gloomy economic picture, with the economy still experiencing a downturn. The peso exchange rate as an indicator of value. The value of the peso is an indicator of the health of the economy. The many wiggles of the currency market produce the exchange rate that signals the […]
Read MorePETALING JAYA: Exports of Malaysian rubber products could catch up with – and even overhaul – the country’s palm oil-based manufactured products, as demand for gloves and personal protective equipment (PPE) prevails with a global shortage caused by the Covid-19 pandemic. Sunway University professor of economics Yeah Kim Leng (pic below) said global demand for […]
Read MoreShares in the cosmetics sector rose after dropping by 30 per cent year on year, but experts believe the boost is short-term from the news of the country reopening. On Tuesday, the share price of Beauty Community (BEAUTY) rose by 14.78 per cent to Bt1.32 per share, Do Day Dream (DDD) rose by 6.81 per […]
Read MoreThai household debt rose to 80.1 per cent of gross domestic product in the first quarter of this year, up from 50.4 per cent in 2009, according to a study. The high debt has adversely impacted economic growth while the Covid-19 outbreak has made it more challenging to solve the household debt problem and they […]
Read MoreMANILA, Philippines — Economic output likely contracted by as much as 20 percent in the second quarter, making the Philippines one of the worst-performing economies in Asia, said London-based think tank Capital Economics. The firm said the country’s performance during the quarter will be similar to that of Thailand, which saw a severe decline in […]
Read MoreThe government is speeding up its draft digital policy to adapt the economy to e-government. Minister of Post and Telecommunications Chea Vandeth was joined by the Ministry of Economy and Finance (MEF) Secretary of State Vongsey Vissoth to discuss the government’s digital policy concept note. The discussion was joined by chairman and members of the […]
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Thailand
