MANILA, Philippines — The Philippine economy is expected to grow by 6.5 percent this year with domestic demand seen to remain strong despite high inflation, according to First Metro Investment Corp. (FMIC) and University of Asia and the Pacific (UA&P) Capital Markets Research. In the Market Call report for September released over the weekend, FMIC […]
Read MoreThe forex market has seen heavy fluctuations amid a tense situation as the US has raised interest rates as well as other central banks. The high prices of USD have affected the Vietnamese dong. USD/VND exchange rate reaches VND24,000 The VND/USD official exchange rate has been increasing in recent sessions, ahead of the US Federal […]
Read MoreExports rose slightly less than expected in August as global demand for food products increased, but oil-related shipments fell and exports to China slumped, the Commerce Ministry said on Monday. Exports, a key driver of Thai growth, increased 7.5% in August from a year earlier, versus a forecast 7.7% rise in a Reuters poll, and against […]
Read MoreVietnam’s exports to Cambodia in the first eight months of 2022 reached the highest scale compared to the same period in previous years. Cambodia is the 11th largest export market among markets, accounting for nearly 1.7% of Vietnam’s total export turnover. Compared to the same period last year, exports to Cambodia increased at a relatively […]
Read MoreBENGALURU: The Bank of Thailand will deliver another 25 basis-point rate hike on Wednesday, its second in a row, even as many of its peers opt for larger increases to fight high inflation, a Reuters poll showed on Monday. Despite inflation in Thailand jumping to a 14-year high in August, the recovery in Southeast Asia’s second-largest […]
Read MoreCross-border trade between Thailand and neighbouring countries is thriving, thanks in part to expanded infrastructure connectivity. Finance Minister Arkhom Termpittayapaisith recently said while Thai trade was disrupted by the pandemic over the past two years, cross-border trade endured, attributed to expanding connectivity with nearby countries. Mr Arkhom said the continued improvement of the country’s cross-border rules […]
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Thailand
