The baht opened at 33.66 to the US dollar on Wednesday, strengthening from Tuesday’s closing rate of 33.70. The Thai currency is likely to move between 33.50 and 33.70 to the greenback during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the market is in a risk-on state which causes foreign […]
Read MoreMANILA, Philippines — The Philippines is set for a strong rebound this year as momentum picks up, but economic scarring will likely hamper growth in the coming years and fall below government expectations, the World Bank said. In an economic update yesterday, the multilateral lender raised its 2021 gross domestic product (GDP) growth forecast for […]
Read MoreTribe Phnom Penh Post Office Square Will Open In February 2022, Bringing Eye-catching Style And Contemporary Functionality To The Kingdom Of Wonders. TRIBE, part of Ennismore, a global collective of lifestyle brands, is preparing to open the doors of its first hotel in Southeast Asia. The 260-room TRIBE Phnom Penh Post Office Square will open […]
Read MoreBUSINESS sentiments in Singapore rebounded in 2021, with the proportion of companies that reported being negatively impacted by Covid-19 halving to 32 per cent, from 63 per cent a year ago. Nevertheless, of those that have been negatively impacted by the pandemic, nearly 7 in 10 said they expect to take more than a year to […]
Read MoreTHE country’s headline inflation eased to a four-month low of 4.2 percent in November from 4.6 percent in October, the Philippine Statistics Authority (PSA) said. In a briefing on Tuesday, National Statistician Dennis Mapa said this is still higher than the 3.3 percent seen in November last year. It was, however, the lowest recorded since the 4.0 percent seen […]
Read MoreThe crypto community disagrees with the Securities and Exchange Commission’s (SEC) proposed adoption of price ceiling and floor rules to curb price volatility because it is against a price mechanism, but says it supports the regulator’s enforcement of punishment for price manipulators. The community also agrees local digital asset exchanges should take timely warning measures […]
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Thailand
