The baht opened at 32.11 to the US dollar on Wednesday, weakening from Tuesday’s closing rate of 32.02. The Thai currency is likely to move between 32.05 and 32.20 during the day, Krungthai Bank market strategist Poon Panichpibool said. The most important factor influencing the direction of the baht is the Covid-19 situation in Thailand […]
Read MoreMANILA, Philippines — Singapore-based ASEAN+3 Macroeconomic Research Office (AMRO) further slashed its economic growth outlook for the Philippines this year as the country continues to face multiple downside risks in containing COVID-19. In a briefing yesterday, AMRO said it has lowered its gross domestic product (GDP) growth forecast to 6.4 percent from the 6.9 percent […]
Read MoreVietnam’s aviation industry could recover from the mid-third quarter with the number of air passengers reaching an estimated 70 million in 2021. Vietnam can gradually resume regular international flights by late 2021 as the rollout of Covid-19 vaccination programs in the country and abroad is accelerated. This comes as Vietnam’s major markets for local airlines […]
Read MoreThe current Covid-19 situation is threatening Vietnam’s efforts of realizing the twin goal of boosting economic growth along with putting the pandemic under control. Vietnam’s GDP growth in the first half of 2021 is estimated at 5.64%, triple the economic growth rate of 1.82% in the same period of last year, according to the General […]
Read MoreThe results will help the Government better assess the current economic state and socio-economic development trend. The General Statistics Office (GSO) will survey over five million individual business households and 45,000 religious groups nationwide from July 1-31. This is the second phase of the 2021 national economic census, said GSO Deputy Director General Nguyen Trung […]
Read MoreEateries are braving the unprecedented Covid-19 crisis, with the government’s latest announcement to ban dining-in at restaurants across high-risk areas including Bangkok through July anticipated to aggravate their plight. Nongchanok Stananonth, assistant vice-president of marketing at SLRT, operator of Sizzler restaurant chain, said that with the new measure, 31 Sizzler restaurants out of 57 have […]
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