The baht opened at 33.39 to the US dollar on Wednesday, weakening from Tuesday’s closing rate of 33.37. The Thai currency is likely to move between 33.35 and 33.50 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said the baht might weaken by the risk-off pressure from the currency market in the […]
Read MoreIt’s unreasonable to close a factory with thousands of workers when only one positive case is found, officials have said. At an online conference discussing solutions to help enterprises in industrial zones (IZs), export processing zones (EPZs) and hi-tech zones on September 20, 2021, a representative of Nidec Vietnam proposed that enterprises should not be […]
Read MoreMANILA, Philippines – The Asian Development Bank maintained its economic outlook on the Philippines despite the recent tightening of pandemic lockdowns, saying the economy is healing but recovery remains delicate. In an update of its flagship “Asian Development Outlook (ADO)” report released Wednesday, the Manila-based lender said the economy will likely grow 4.5% this year, […]
Read MoreThe Cabinet on Tuesday halved both employers’ and employees’ social security contributions from September to November. The aim is to alleviate the financial burden of business owners and their employees during the Covid-19 situation,” Labour Minister Suchart Chomklin said on Wednesday. “Monthly employee contributions under Article 39 of the Social Security Act will be cut […]
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Thailand
