Dang Trong Ha, 27 years old, from central province of Nghe An, moved to southern Dong Nai Province in April with the hope of finding a well-paid job. He had no idea COVID-19 would strike the region and leave workers like him jobless and stuck at home for months. After losing his job at a […]
Read MoreMANILA, Philippines — Raising interest too soon due to increasing inflation pressures is seen to do more harm than good, according to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno. Diokno, in a Viber message to reporters, said the uptick in inflation this year to 4.5 percent, higher than the BSP’s two to four percent […]
Read MoreThe central bank said on Monday there was high uncertainty facing the economy and monetary policy would remain accommodative to support a recovery from the country’s most prolonged outbreak of the coronavirus. The Bank of Thailand (BoT) has forecast economic growth of 0.7% this year, bottoming out in the third quarter and growing 3.9% in […]
Read MoreTHE Philippine central bank chief said on Sunday that domestic inflationary pressures were driven by supply-related factors that do not require monetary policy intervention, and that tightening policy too soon would be more harmful than waiting. Inflation slightly eased in September to 4.8 per cent from a near three-year peak in August. “Since the inflation […]
Read MoreThe Vietnam Association of Motorcycle Manufacturers (VAMM) has said its members sold 367,037 motorbikes in the third quarter of 2021, a year-on-year drop of 45.84 percent. The VAMM members, namely Honda, Piaggio, Suzuki, SYM, and Yamaha, are manufacturing and distributing about 100 models of motorcycles with prices ranging from more than 10 million VND to […]
Read MoreThe baht opened at 33.42 to the US dollar on Monday, weakening from the previous closing rate of 33.32. The Thai currency is likely to move between 33.10 and 33.60 during the day and between 33.30 and 33.50, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht might strengthen with the investment […]
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Thailand
