KUALA LUMPUR, Nov 22 — The ringgit opened lower against the US dollar on Monday as the greenback continues to strengthened amid concerns of growing inflation, coupled with lower oil price, a dealer said. At 9am, the local note weakened to 4.1870/1895 versus the greenback from 4.1810/1850 at Friday’s close. The dealer said encouraging United […]
Read MoreMANILA, Philippines — Bank lending is seen picking up further amid the gradual reopening of the economy as mobility restrictions are eased with the steady decline in daily COVID infections, according to the Bangko Sentral ng Pilipinas. BSP managing director Zeno Ronald Abenoja said, during a virtual media lecture series, that household loans are expected […]
Read MoreRISING construction costs continue to be the biggest risk faced by Singapore’s real estate market, followed by increasing inflation and interest rates. This is according to the Q3 2021 Real Estate Sentiment Index published by the National University of Singapore Real Estate (NUS+RE), which represents the Department of Real Estate and the Institute of Real […]
Read MoreThere have been 208 trade remedies related lawsuits faced by Vietnam’s exports sector since 2005, four times the number until then. Le Trieu Dung, head of the Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade, said as Vietnam’s export turnover continues to grow, more investigations and trade remedies measures were inevitable. […]
Read MoreRepresentatives from Thailand, Laos and China held a tripartite meeting via video conferencing on Friday to discuss the construction of a dual-track railway link between the three countries. Attending were Transport Ministry’s deputy permanent secretary Sorapong Paitoonphong and officials from other transport-related agencies like the Department of Rail Transport (DRT) and State Railway of Thailand […]
Read MoreThe US dollar surged to its highest level in 16 months as investors weighed in on the possible Fed tightening as early as mid-2022. This is well ahead of the contemplated moves of other major central banks. Last Friday, Fed vice chair Richard Clarida said that it may be appropriate for policymakers to discuss whether […]
Read More
Thailand
