The baht opened at 33.64 to the US dollar on Monday, unchanged from the previous closing rate. The Thai currency is likely to move between 33.55 and 33.75 during the day and between 33.40 and 34.00, Krungthai Bank market strategist Poon Panichpibool predicted. Poon predicted that the dollar would drift sideways this week because investors […]
Read MoreThe government plans to introduce more measures to help small and medium-sized enterprises (SMEs) retain workers and create new jobs, with 46.9 billion baht to be allocated. According to government spokesman Thanakorn Wangboonkongchana, the Centre for Economic Situation Administration (CESA) on Thursday agreed with the job support measures in principle. The measures aim to help SMEs […]
Read MoreInbound tourism players in Malaysia have expressed support for a cautious tourism reopening for the country, as authorities decide to indefinitely suspend a travel bubble for Tioman Island and Genting Highlands that was meant to set in on October 1. The postponement was announced by Kamaruddin Ibrahim, general manager of Tourism Pahang, which oversees the […]
Read MoreJAKARTA : Indonesia’s annual inflation rate inched up in September to 1.60per cent, the highest in four months, though the rate was slightly below analyst expectations, data from the statistics bureau showed on Friday. A Reuters poll had expected a September inflation rate of 1.69per cent, compared with August’s 1.59per cent. The September rate was […]
Read MoreTO purge crooks who are moving dirty money through Singapore’s financial institutions, the Republic’s central bank is introducing a digital platform that will require financial institutions to securely share information on suspicious customers or transactions. Dubbed Cosmic (Collaborative Sharing of Money Laundering and Terrorism Financing Information and Cases), the new platform to be rolled out from […]
Read MoreVietnam’s labor force is projected to contract by almost one percent per annum over the next three decades, creating headwinds to sustaining high economic growth rates. Vietnam’s economic growth could slow as its population ages, squeezing public finance and stressing the service delivery system, unless timely reforms are set in motion, a new World Bank […]
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Thailand
