The baht opened at 32.78 to the US dollar this morning (April 7), strengthening from Friday’s close of 32.95, said Jitipol Puksamatanan, head of Markets Strategy at SCB Securities. He expected the baht to move between 32.70 and 32.95 to the US dollar today and between 32.50 and 33.00 this week. “On Monday night [Thailand […]
Read MoreMANILA, Philippines — The Department of Trade and Industry (DTI) has allowed enterprises that are part of the supply chain of food and other essential products to operate, as well as establishments producing basic commodities to have 50 percent of their workforce report for work, to ensure stable supply of goods while the enhanced community […]
Read MoreBANKS will see their capital and liquidity requirements adjusted to help sustain their lending activities amid the Covid-19 pandemic, among other fresh measures announced by the Monetary Authority of Singapore (MAS) in a statement on Tuesday. This move to ease requirements and supervisory programmes of financial institutions (FIs) is to enable them to focus on […]
Read MoreThe Cabinet agreed on Tuesday (April 7) to extend the cash-handout period from three months to six months, Finance Minister Uttama Savanayana said after the Cabinet meeting. The government aims to provide Bt5,000 in cash per month to 9 million people from April 8 until September. As many as 24.2 million people have so far […]
Read MoreDelivery service Kerry Express (Thailand) has denied online rumours that parcels are going undelivered because its staff are quitting amid the coronavirus outbreak. “Following a viral story shared all in social media regarding Kerry employee resignations causing parcels to be undelivered, the company firmly conveys that the story is not true,” said the company’s chief commercial […]
Read MoreASEAN+3 growth is expected to reduce sharply to 2 per cent in 2020, followed by a strong rebound to 5.5 per cent in 2021, said ASEAN+3 Macroeconomic Research Office (AMRO) on Tuesday, with the launch of its annual flagship report. The ASEAN+3 region includes the 10 ASEAN members and China, Hong Kong, Japan and Korea. […]
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