The government has welcomed the decision by Standard & Poor (S&P) Global Ratings to maintain Thailand’s sovereign credit rating at BBB+ and rate the kingdom’s economy as having a stable outlook. Published on Monday, the positive credit rating and economic outlook were awarded to Thailand for its strong finance and foreign currency parameters, despite the […]
Read MoreInvestor confidence in stocks remains bullish, supported by the improving pandemic situation, accelerated vaccine distribution, and better prospects for the local economic recovery. The wave of Covid-19 spreading within the country, the upcoming cut of the policy interest rate by the Bank of Thailand’s Monetary Policy Committee, and uncertainty surrounding the Federal Reserve’s direction in […]
Read MoreAs trading activities on e-commerce platforms bring huge profits, collecting tax has become a burning issue for many countries. Collecting tax from e-commerce is a difficult problem all over the globe, because the current taxation system was built for the traditional economy, while the digital economy is based on online transactions. The global e-commerce market […]
Read MoreHeadline inflation eased to a two-month low of 4.8 percent in September from 4.9 percent in August, the Philippine Statistics Authority said. In a briefing on Tuesday, National Statistician Dennis Mapa said this is higher than the 2.3-percent inflation rate in September last year. This brings the country’s average inflation from January to September this year to 4.5 percent, […]
Read MoreHANOI: Vietnam is planning from December to reopen key tourist destinations to vaccinated visitors from countries deemed a low Covid-19 risk, the government said on Wednesday, ahead of a full resumption targeted for June next year. Vietnam imposed tight border controls at the start of the pandemic in an effort to keep out Covid-19, with […]
Read MoreThe baht opened at 33.83 to the US dollar on Wednesday, weakening from Tuesday’s closing rate of 33.76. 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 that the baht might weaken further while the dollar strengthens if the results of […]
Read More
Thailand
