The baht opened at 35.45 to the US dollar on Monday, strengthening from Friday’s close of 35.49. The Thai currency is expected to move between 35.35 and 35.55 against the greenback during the day and between 35.20 and 35.65 during the week, Krungthai market strategist Poon Panichpibool predicted. He said the baht will test its […]
Read MoreThe Centre for Covid-19 Situation Administration (CCSA) announced on June 17 that Thailand plans to lift most of its travel restrictions and virus containment measures from July 1. Six days later, the country reported 81 cases of local transmission from the two new subvariants, BA.4 and BA.5, which are spreading steadily in Europe. Even though […]
Read MoreVietnam is said to be a destination for many major companies in the world, as the disruption of production activities due to the COVID-19 pandemic in China has forced them to find ways to move part of their production lines out of this country. Consultant Henrik Bork of Asia Waypoint said that more and more […]
Read MoreMANILA, Philippines — The Philippine economy is expected to continue its recovery this year, with growth expected at seven percent, but external headwinds from elevated inflation could put a halt on this momentum. In its weekly economic preview, New York-based financial intelligence firm S&P Global said the country’s gross domestic product (GDP) could grow strongly […]
Read MoreCambodia’s rising e-commerce sector requires clear definition of laws and regulations by regulators addressing concerns of market uncertainties while maintaining regional uniformity, according to stakeholders who discussed e-commerce tax and licensing requirements at a panel discussion hosted by DFDL, a legal, tax and investment enterprise in the country. The law on e-commerce and consumer protection […]
Read MoreGROWTH in emerging East Asia’s local bond market slowed to 3.1 per cent in the first three months of the year, influenced by weakened financial conditions and global economic headwinds, according to an Asian Development Bank (ADB) report released on Monday (Jun 27). This comes on the back of a 6.5 per cent fall in […]
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