The baht opened at 31.06 to the US dollar on Monday, strengthening from its previous close of 31.17 on Friday. The Thai currency is likely to move between 31 and 31.15 during the day and between 31 and 31.15 this week, Krungthai Bank market strategist Poon Panichpibool said. He suggested that investors monitor the dollar’s […]
Read MoreRich in history, vibrant in culture and cuisine, with striking landscapes from mountains in the North to beaches along the coast, Vietnam has become one of the favourite destinations in Southeast Asia. In 2019, the country welcomed a record 18 million foreign visitors and generated total revenue of US$32.8 billion (755 trillion dong) from both […]
Read MoreSINGAPORE – Applications for travel on compassionate grounds between Singapore and Malaysia are now open, a week before the formal system of allowing such movement launches. From Monday (May 10), people from either country can apply for cross-border travel to visit family members for emergency reasons such as death or critical illness. Only two visitors per case […]
Read MoreThe Cambodian government is formulating strategies and policies to counter challenges after preferential access for its exports are gradually reduced or as aid flows diminish. The news was relayed by Pich Rithi, secretary of state at the Ministry of Commerce, during a virtual seminar on the implications of less-development country graduation in the textile and […]
Read MoreMANILA, Philippines — Gross domestic product (GDP) likely inched up 0.8 percent in the January to March period, according to London-based think tank Capital Economics. “Given the spike in (COVID) cases and reintroduction of strict containment measures from the very end of March, first quarter GDP data are already news,” Capital Economics said in its […]
Read MoreCredit pumping into real estate takes a large share in the total outstanding loans, following by corporate bonds and stock market. High amount of credit channeled into real estate, stock market and corporate bonds continue to cause risks to the banking sector, requiring stronger measures to tighten outstanding loans into these fields. The State Bank […]
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Thailand
