The baht opened at 31.84 to the US dollar on Thursday, strengthening from Wednesday’s closing rate of 31.86. The Thai currency is likely to move between 31.80 and 31.95 during the day, Krungthai Bank market strategist Poon Panichpibool said. Poon reiterated that the baht was being affected by the Covid-19 situation in Thailand, which has […]
Read MoreExports surged to a more than expected 41.59% in May from a year earlier, the fastest pace in nearly 11 years, as global demand improved, the commerce ministry reported on Thursday. That compared with a forecast for a jump of 30% in May in a Reuters poll and a rise of 13.09% in April. Source: https://www.bangkokpost.com/business/2137803/exports-surge-41-6-y-y-in-may
Read MoreHow will Vietnam overcome challenges to realize its development plans? Nguyen Dinh Cung, former head of Central Institute for Economic Management (CIEM), shares his perspective with VietNamNet. One of the great successes of economic reform in Vietnam since doi moi (renovation) is the establishment of a community of businesses from different economic sectors with many […]
Read MoreKUALA LUMPUR: The sudden surge in Covid-19 cases over the past months and the movement restrictions that were reintroduced are expected to weigh on Malaysia’s economy, slowing the recovery compared with what was initially expected. Against this backdrop, the World Bank has lowered its projection on Malaysia’s economic growth by 1.5 percentage points to 4.5% […]
Read MoreThe Cambodian recovery is beginning to take shape with the World Bank projecting that the economy will “expand moderately in the short-term”. The Kingdom’s economy contracted 3.1 percent last year and is forecast to grow by 4 percent this year under baseline conditions, according to the World Bank. Economic growth will be buoyed by increased […]
Read More[SINGAPORE] Singapore will prepare its population to deal with Covid-19 as part of their daily lives and people will be able to work, travel and shop without quarantines and lockdowns, even with the coronavirus in their midst. With enough people vaccinated, Covid-19 will be managed like other endemic diseases such as the common flu and […]
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Thailand
