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Thailand: Rice shippers grow worried

Rice exporters are growing concerned about the prospects for Thai hom mali rice because of expensive freight rates and greater supplies. Charoen Laothammatas, president of the Thai Rice Exporters Association, said shipments remain stalled because of a shortage of workers as well as logistics and transport problems following the government’s lockdown measures to prevent coronavirus […]

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Philippines: Local shares up as vaccine optimism offsets virus fears

MANILA, Philippines — Local shares finished in the green on Thursday, as investors’ optimism on vaccination rates trump concerns on the country’s elevated virus caseload. The 30-member Philippine Stock Exchange index gained 0.72% to close at 6,834.66. The broader All Shares index, meanwhile, inched up 0.40%. All sub-indices ended in the positive territory, with mining and oil […]

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Thailand: Phiphat backs reopening, with a caveat

The tourism minister has defended the country’s reopening plan as promised by the prime minister, stating that five more provinces including Bangkok should be ready for visitors from October, followed by another 21 provinces nationwide. During the no-confidence debate on Wednesday, Phiphat Ratchakitprakarn, the tourism and sports minister, said after Prime Minister Prayut Chan-o-cha vowed […]

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