Volatility in the Thai baht has been in line with regional currencies, driven by external factors, the country’s shippers’ group quoted the Bank of Thailand (BoT) as saying, following a meeting with central bank officials. The volatility was difficult to avoid and hedging against currency risks would help reduce any impact on business operators, the Thai […]
Read MoreThe Lao trade portal reported the country’s trade deficit at USD 48 million in February, USD 35 million higher than January’s figures. Laos’ overall trade deficit was approximately USD 962 million, with USD 505 million in exports and USD 457 million in imports, according to the report. February’s top exports include cassava, gold, gold ore and gold […]
Read MoreA meeting at the Ministry of Economy and Finance under the chairmanship of Dr Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance, on Wednesday, reviewed and discussed recommendations on the draft report on the second phase of the master plan for the development of Sihanoukville into a multi-purpose special economic zone. Discussing […]
Read MoreSINGAPORE: Foreigners sought shelter in Malaysian bonds last month, buoyed by an improving growth outlook and low prospects of further policy rate hikes by the country’s central bank, with overseas money pouring out of regional peers. In February, foreigners purchased about US$950mil (RM4.2bil) worth of Malaysian bonds, the most since August, but sold a combined […]
Read MoreViệt Nam’s trade with 11 other major Asian markets could rise significantly in value by 2030, according to an industry study released by UPS. HCM CITY — Việt Nam’s trade with 11 other major Asian markets could rise significantly in value by 2030, according to an industry study released by UPS. “Clearing the Runway for […]
Read MoreThailand’s external stability is sound with low foreign debt, while the economy is recovering steadily on increased tourism and domestic spending, the Bank of Thailand (BoT) said. The central bank’s gradual and measured policy normalisation remained an appropriate approach, with inflation expected to return within the bank’s target range of 1% to 3% in the second […]
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