The baht opened at 31.82 to the US dollar on Monday, weakening from Friday’s closing rate of 31.78. The Thai currency is likely to move between 31.75 and 31.90 during the day and between 31.60 and 32.10 within this week, Krungthai Bank market strategist Poon Panichpibool said. He said that the baht tended to weaken […]
Read MoreMANILA, Philippines — After leaving interest rates unchanged at all-time lows, the Bangko Sentral ng Pilipinas (BSP) is expected to be one of the last central banks in the ASEAN to adjust its interest rates. UK-based Pantheon Macroeconomics said the BSP is likely to be one of the last central banks in ASEAN to start […]
Read MoreThe Stock Exchange of Thailand (SET) Index fell by 9.38 points, or 0.59 per cent, to 1,573.29 on Monday morning. The SET Index closed at 1,582.67 on Friday, down 3.05 points or 0.19 per cent. Transactions totalled THB68.1 billion with an index high of 1,596.16 and a low of 1,577.63. Krungsri Securities has forecast that […]
Read MoreThe Regional Comprehensive Economic Partnership (RCEP) is the world’s largest free-trade bloc and eight years of negotiation are set to pay off when the pact is ratified by at least six ASEAN countries and three non-ASEAN countries. This is anticipated to come as soon as the end of this year. Cambodia is one of ten ASEAN […]
Read MoreMore than 1 million taxpayers who have yet to submit personal income tax forms for 2020 face a deadline of June 30 to file or they face a fine, says Revenue Department director-general Ekniti Nitithanprapas. He said 9.6 million people have filed their tax returns as of June 24. June 30 is the last day […]
Read MoreSINGAPORE has fallen one rung to fourth place in this year’s Global Fintech Rankings. And while it still takes the top spot among countries in the Asia-Pacific, the Republic faces stiff competition from countries like Australia, China and Japan, which have moved up the leaderboard this year. The second annual index, produced by fintech analytics […]
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