The baht opened at 33.81 to the US dollar on Wednesday, the highest in almost four months, weakening from Tuesday’s close of 33.75. Krungthai Bank market strategist Poon Panichpibool predicted the Thai currency would move between 33.70 and 33.90 during the day. Poon said the baht might weaken as it was pressured by the strengthening […]
Read MoreSET Investnow, an investment educational unit of the Stock Exchange of Thailand (SET), suggests investing in stocks with high dividend payouts of above 5% with low beta values to hedge against volatility and inflation. The principle is to buy stocks with higher dividends than the February inflation rate of 5.28%, because they will generate better […]
Read MoreCambodia exported 61,839 tons of dry rubber in the first quarter (Q1) of 2022, a slight increase of 1 percent compared to the same period last year, said a General Directorate of Rubber report on Monday. The country made $98.5 million in revenue from exports of the commodity during the January-March period this year, down […]
Read MoreMANILA, Philippines — The Department of Trade and Industry (DTI) emphasized anew the importance of taking part in the Regional Comprehensive Economic Partnership (RCEP) agreement, saying the country’s Southeast Asian neighbors are already enjoying the benefits of the mega-trade deal. “We cannot afford to delay or not participate in this FTA (free trade agreement) deal […]
Read MoreSkyrocketing fuel prices and the continuing depreciation of the kip are ramping up pressure on producers due to soaring production costs, according to a recently unveiled study. Conducted by the Ministry of Industry and Commerce, the research paper stated that the Russia-Ukraine conflict had interrupted the global supply chain, leading to a rise in the […]
Read MoreFiscal policies such as tax cuts and freezing of payments have been supportive of the overall efforts of keeping inflation at bay. Vietnam has succeeded in containing the inflation despite the high inflationary pressure on the economy, according to Deputy Minister of Finance Vo Thanh Hung. In the first quarter of 2022, Vietnam’s consumer price […]
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