MANILA, Philippines — Most economists believe inflation in October likely remained below five percent despite elevated food prices, as well as higher oil prices and electricity costs. Security Bank chief economist Robert Dan Roces said inflation likely rose to 4.9 percent in October after slipping to 4.8 percent in September. The bank set a forecast […]
Read MoreCambodia’s logistics sector has maintained surprising strength, returning to near pre-pandemic levels after a string of Covid-19 speed bumps dragged down market activity to a virtual standstill, experts told The Post on November 1. Cambodia Logistics Association president Sin Chanthy said the sector was operating at more than 90 per cent capacity, up from Covid-era […]
Read MoreThailand is expected to receive 300,000 foreign tourists each month for the rest of the year, the chamber of commerce said on Monday, as the country welcomed the first vaccinated visitors without quarantine requirements. The reopening from Monday will help towards recovery of the tourism-dependent economy, the Thai Chamber of Commerce said in a statement, […]
Read MoreThailand ratified the Regional Comprehensive Economic Partnership (RCEP) on October 28, Commerce Minister Jurin Laksanawisit said on Monday, adding that the pact should come into force by January. The pact will remove export tariff on 39,366 items and expand the market for many Thai products such as fresh and processed fruit, fishery products, rubber etc. […]
Read MoreThe baht opened at 33.32 to the US dollar on Monday, weakening from the previous closing of 33.18. The Thai currency is likely to move between 33.25 and 33.40 during the day and between 33.00 and 33.50 during the week, Krungthai Bank market strategist Poon Panichpibool predicted. Poon reckons that the baht will fluctuate, especially […]
Read MoreThis year’s double-taxation agreement (DTA) between Malaysia and Cambodia will result in more investment into the Kingdom and more Cambodians sourcing goods and services in Malaysia, according to the country’s ambassador to Cambodia. “This will help to make Cambodia more attractive to Malaysian businessmen and thus promote more FDI [foreign direct investment] from Malaysia to […]
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