The baht opened at 33.19 to the US dollar on Friday, strengthening from Thursday’s closing rate of 33.30. The Thai currency is likely to move between 33.10 and 33.30 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht strengthen because the dollar weaken and the gold-selling. Investors might be […]
Read MoreA survey on the Thai population’s financial skills last year shows that more people are now either saving or investing their money. The Bank of Thailand (BOT) said on Thursday that 71 per cent of Thais show their financial skills have improved compared to 66.2 per cent in 2018. The central bank collaborated with the […]
Read MoreThe Finance Ministry on Thursday cut its 2021 economic growth forecast to 1.0% from a previously projected 1.3% expansion, the fourth such revision this year, as the country struggles to recover from the pandemic. Thailand suffered a 6.1% economic slump last year, after the collapse of its tourism sector. The country imposed tougher restrictions in […]
Read MoreSINGAPORE – Singapore’s core inflation will continue to rise over the coming quarters because of higher business costs and continued import price pressures, the central bank said in its latest macroeconomic review published on Thursday (Oct 28). The Monetary Authority of Singapore (MAS) noted in its biannual review that while business cost pressures have been […]
Read MoreCambodia exported $8.2417 billion worth garments between January and September this year—a hike of $843.4 million or 11.4 per cent over the same period last year, the general department of customs and excise said. Hong Vanak, director of international economics at the Royal Academy of Cambodia, termed this a ‘very good reflection’ of government measures. […]
Read MoreMANILA, Philippines — Retail prices of consumer goods in Metro Manila went up again in August, the Philippine Statistics Authority said. The General Retail Price Index (GRPI) in the National Capital Region in August grew at two percent, faster than the 1.8 percent rate in July. This was also faster than the 1.4 percent growth […]
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