The baht opened at 35.66 to the US dollar on Friday, weakening from Thursday’s close of 35.62. The currency is expected to move between 35.55 and 35.75 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. He said the currency will likely fluctuate and weaken as it has gone past the resistance level of […]
Read MoreCovid-19 vaccines have helped boost Cambodia’s economic recovery and growth since last November, the country’s Prime Minister Hun Sen said on Thursday. Speaking at a handover ceremony of 300,000 doses of Covid-19 vaccine donated from Spain, Hun Sen said Cambodia can be considered one of the leading countries in managing Covid-19 thanks to its high […]
Read MoreMANILA, Philippines — The Philippine economy is expected to remain strong and weather the global economic slowdown, even as inflation is seen to remain above six percent for much of the second half of the year, according to First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P). “Overall, we see […]
Read MoreMilitary-ruled Myanmar plans to import Russian gasoline and fuel oil to ease supply concerns and rising prices, a junta spokesperson said, the latest developing country to do so amid a global energy crisis. The country has maintained friendly ties with Russia, even as both remain under sanctions from Western countries — Myanmar for the military coup that […]
Read MoreJAKARTA : Indonesia reported a current account surplus of $3.9 billion, or 1.1 per cent of its gross domestic product in the second quarter, much higher than the 0.1 per cent surplus in the previous three months, according to a central bank report released on Friday. The country also reported a $1.1 billion deficit in […]
Read MoreKUALA LUMPUR: Malaysia’s total trade continued to trend higher, expanding 39.8% year-on-year (y-o-y) in July 2022 with double-digit increases in both exports and imports. According to a statement by the Ministry of International Trade and Industry (Miti), the country’s exports increased 38% to RM134.07bil while imports expanded 41.9% to RM118.58bil for a total trade value […]
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Thailand
