The baht opened at 33.83 to the US dollar on Thursday, strengthen from Wednesday’s closing rate of 33.92. The Thai currency is likely to move between 33.75 and 33.90 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said the baht would continue fluctuating against the greenback. Also, he said, the flow of […]
Read MoreThe Commerce Ministry has revised its annual headline inflation forecast to a range of 0.8% to 1.2% (with an average of 1%), narrowing from 0.7% to 1.7% (with an average of 1.2%) earlier. The latest projection is based on expected economic growth of 0.7-1.2%, with Dubai crude oil prices averaging US$65-70 per barrel, and an […]
Read MoreKUALA LUMPUR, Oct 6 — The ringgit further slipped against the US dollar at the close today as concern rose over higher global inflation rate following elevated levels of commodity prices, which appeared to have lent support for the greenback, an analyst said. At 6pm, the local note fell to 4.1825/1845 versus the greenback from […]
Read MoreThe Trade Remedies Authority of Vietnam (TRAV) have warned that Vietnamese products are at risking of falling foul of anti-dumping and trade defence investigations. Early this year, TRAV noted that at least 11 domestic products were at high risk of investigation for trade defence measures or origin fraud, including Vietnamese plywood quartz products, ceramic tiles and electric […]
Read MoreThe export of tobacco to international markets dropped 53.58% in the first nine months of the year, the Agriculture Ministry confirmed. From January to September, Cambodia exported a total of 2,514 tonnes of tobacco to eight countries including Vietnam, Belgium, Hungary, Bosnia & Herzegovina, China, Indonesia, Singapore and Germany. The biggest market was Vietnam with […]
Read MoreMANILA, Philippines — Sales of the country’s food sector are seen to further decline by 13 percent this year as consumers remain hesitant to return to restaurants amid the spread of the Delta variant, according to the United States Department of Agriculture (USDA). In its latest report, the Foreign Agricultural Service of the USDA said […]
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