The baht opened at 32.68 to the US dollar on Wednesday, weakening from Tuesday’s closing rate of 32.62. The Thai currency is likely to move between 32.60 and 32.75 during the day, Krungthai Bank market strategist Poon Panichpibool said. Poon feels the baht might be volatile during the day. Many foreigners are selling Thai assets […]
Read MoreState measures to lower the cost of living, a drop in prices for certain agricultural products and decelerating energy prices have prompted headline inflation, as gauged by the consumer price index (CPI), to contract in August for the first time in five months. According to the Commerce Ministry’s report yesterday, headline inflation dropped 0.02% year-on-year […]
Read MoreSome 200 business registrations have been recorded since the start of the second COVID-19 wave last month, said Minister at the Prime Minister’s Office and Minister of Finance and Economy II Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah at a press conference yesterday. The minister was encouraged by the positive development […]
Read MoreCambodia should look beyond China’s Belt and Road Initiative (BRI) for growth despite the commerce minister noting the country was receiving big benefits from it, economists say. Speaking at the Policy Dialogue of the 6th Belt and Road Summit 2021, Pan Sorasak said the BRI contributes to infrastructure development which helps facilitate trade and competitiveness. […]
Read MoreMANILA, Philippines (Update 1, 11:40 a.m.) — The country’s unemployment rate eased in July, but quality of available jobs deteriorated during the month while many Filipinos have given up looking for work, exacerbating pandemic hardships. A quarterly survey of 121,990 families nationwide showed there were 3.07 million people who were either unemployed or out of business in […]
Read MoreKUALA LUMPUR : Malaysia’s central bank is likely to leave its key interest rate unchanged this week, a Reuters poll showed on Tuesday, as the country gradually reopens its economy amid a ramped-up COVID-19 vaccination drive. While Malaysia’s downgrade to its 2021 growth outlook last month fuelled market speculation of another rate cut, analysts said […]
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