‘Prediction is very difficult, especially about the future,” quipped Niels Bohr, the Nobel Prize-winning physicist. It’s a statement that certainly applies to anyone making forecasts, and particularly investors at this time. Stock markets will continue to be buffeted by pandemic-related news. Successful investing in consumer stocks over the next couple of years, however, will depend […]
Read MoreVietnam recorded a trade surplus of US$1.63 billion in the four-month period. Vietnam’s trade deficit with China surged by 82% year-on-year in the first four months of the year to US$17.63 billion, according to the General Department of Vietnam Customs (GDVC). In April alone, Vietnam’s imports from China rose by over US$3 billion year-on-year to […]
Read MoreThe baht opened at 31.43 to the US dollar on Thursday, strengthening slightly from Wednesday’s closing rate of 31.45. The Thai currency is likely to move between 31.40 and 31.50 during the day, Krungthai Bank market strategist Poon Panichpibool said. He predicted that the baht would weaken in the short term due to the market […]
Read MoreCambodia on May 20 launched the Cambodia Business Council (CBC) in Bangkok to serve as a one-stop centre for business trade and investment, as well as cultural and tourism exchanges between Cambodia and Thailand. Initiated by the Cambodian embassy in Bangkok as the first of its kind, the CBC serves as a platform to enhance […]
Read MoreEmployers and employees are going to be allowed to reduce their contributions to the Social Security Fund (SSF) between June to August to help those struggling financially because of the pandemic. Labour Minister Suchart Chomklin said on Tuesday the cabinet approved his ministry’s proposal to cut SSF contributions from employers and employees under Section 33 of […]
Read MoreMANILA, Philippines — Alarm bells were rang over a yawning budget deficit that is only set to widen this year, but the economic impact of additional spending springing from it appears to be nearly nil that puts into question whether government is spending on the right priorities. If there’s any consolation, economic officials led by […]
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Thailand
