The baht opened at 32.54 to the US dollar on Friday, weakening from Thursday’s closing rate of 32.46. The Thai currency is likely to move between 32.50 and 32.65 during the day, Krungthai Bank market strategist Poon Panichpibool said. Poon suggested that investors monitor the government’s decision, especially on imposing a lockdown. He said that […]
Read MoreThe Industry Ministry has told Ming Dih Chemical to relocate its operation to an industrial estate if it wants to continue operating in the kingdom following the fire on Monday that affected at least 80,000 residents in Samut Prakan. Industry Minister Suriya Jungrungreangkit said the Department of Industrial Works has ordered the company to close […]
Read MoreMANILA, Philippines — Foreign trade posted a double-digit expansion in May, albeit slower than the previous month, as both exports and imports record softer growth. External trade continued its ascent for the fourth straight month in May, growing 39.9% year-on-year to $14.54 billion, the Philippine Statistics Authority reported Friday morning. But the expansion eased from […]
Read MoreKUALA LUMPUR: Malaysia’s unemployment rate improved in May but the enhanced movement control order (EMCO) due to the Covid-19 pandemic could result in an uneven situation in the ensuing months. The Statistics Department said the country’s unemployment in May was 4.5% or 728, 100 people – an improvement from the all-time high of 5.3% or […]
Read MoreThe number of foreigners who arrived in Cambodia January-May has been reported by the Ministry of Tourism as 91,596, a plunge of more than 92 percent from the same period in 2020. Thai visitors topped the list at 46,395 arrivals, followed by 27,693 Chinese. Most of the visitors were tourists, businesspersons or investors. Everyone flying […]
Read MoreWhile people are staying at home to curb the spread of the pandemic, last-mile delivery shippers work hard to provide essentials and food to consumers. However, shippers are becoming overwhelmed by rising orders and the high risk of coronavirus infection. Vietnam’s e-commerce sector was growing even before the pandemic hit. Now, with lockdowns and social distancing […]
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