MANILA, Philippines — Local shares finished in the green on Thursday, as investors’ optimism on vaccination rates trump concerns on the country’s elevated virus caseload. The 30-member Philippine Stock Exchange index gained 0.72% to close at 6,834.66. The broader All Shares index, meanwhile, inched up 0.40%. All sub-indices ended in the positive territory, with mining and oil […]
Read MoreThe tourism minister has defended the country’s reopening plan as promised by the prime minister, stating that five more provinces including Bangkok should be ready for visitors from October, followed by another 21 provinces nationwide. During the no-confidence debate on Wednesday, Phiphat Ratchakitprakarn, the tourism and sports minister, said after Prime Minister Prayut Chan-o-cha vowed […]
Read MoreCambodia exported 5.54 million tons of agricultural products in the first eight months of 2021, up 89.7 percent from 2.92 million tons over the same period last year, Minister of Agriculture, Forestry and Fisheries Veng Sakhon said on Wednesday. Shipped to 66 countries and regions, the Southeast Asian nation earned gross revenue of $3.23 billion […]
Read MoreThe baht opened at 32.30 to the US dollar on Thursday, strengthening from Wednesday’s closing rate of 32.35. The Thai currency is likely to move between 32.15 and 33.35 during the day, Krungthai Bank market strategist Poon Panichpibool said. Poon predicted the baht would drift sideways, near 32.20 to the US dollar. Investors are keeping […]
Read MoreThailand will enforce the e-service tax law from Wednesday, following in the footsteps of more than 60 countries around the globe which collect value-added tax (VAT) from foreign e-service operators reaping income in their territories. These countries, including Australia, New Zealand, Japan, Taiwan and South Korea, comply with guidelines ushered in by the Organisation for […]
Read MoreCambodia’s first 7-Eleven convenience store attracted hundreds of customers on its opening day on Monday, causing queues to form in the remote location despite heavy and prolonged rain at times. The shop is on National Route 6A, Prek Leab village, Prek Leap commune, Chroy Changva district, Phnom Penh, right outside the new borey Peng Huoth […]
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