The baht opened at 33.46 to the US dollar on Tuesday, strengthening from Monday’s closing rate of 33.48. The Thai currency is likely to move between 33.30 and 33.50 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht would fluctuate in the short term. The market was in a […]
Read MoreSINGAPORE, Oct 16 — Most customers in Singapore are cushioned from the higher price volatility in the wholesale electricity market, which has been hit in the past fortnight by several factors such as an increased demand for natural gas and falls in coal and natural-gas production, said the Energy Market Authority (EMA). The power-industry regulator […]
Read MoreAlthough global coal prices have reached a record high, Vietnamese coal mining enterprises have still failed to increase revenue and profit, and some of them have even suffered losses. According to the International Energy Agency (IEA), the world average coal price has reached the highest level in history with a year-on-year hike of 110 per cent in […]
Read MoreKUALA LUMPUR, Oct 19 — Malaysia’s retirement system has been ranked third in Asia and 23rd globally despite a slight decrease in the country’s overall index value from 60.1 in 2020 to 59.6 in 2021, the 13th annual Mercer CFA Institute Global Pension Index (MCGPI) revealed. The study of 43 retirement income systems across the globe, […]
Read MoreThe Laos-China railway could be a game changer for the development of Laos but the government must have a clear plan on how to maximise the advantages offered by the US$5.9 billion railway, a businesswoman has said. Vice President of the Lao National Chamber of Commerce and Industry, Ms Valy Vetsapong, told Vientiane Times on Monday that […]
Read MoreThe government has pledged to offer special incentives for investments in the six new promotion zones in eastern Thailand, including EEC genomic medicine (EECg), EEC medical hub (EECmd) and EEC innovation platform (EECi). According to Kanit Sangsubhan, secretary-general of the Eastern Economic Corridor (EEC) Office, special incentives will be offered to potential investors on a […]
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