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Category: Business

Thailand’s economy picks up in May

Thailand’s economy in May improved from the previous month as tourism gathered momentum and private consumption increased while exports remained weak, according to the central bank.The Bank of Thailand (BOT) expects economic growth at 3.6% this year a…

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Reference exchange rate up 23 VND

The State Bank of Vietnam set the daily reference exchange rate at 23,783 VND/USD on June 29, up 23 VND from the previous day.With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the

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Drought affects Thailand’s cassava output

Thailand’s exports of cassava and cassava products are estimated at 9 million tonnes this year, down from 11 million tonnes last year due to reduced output caused by drought, according to the Foreign Trade Department under the Ministry of

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Economic expected to grow at least 4.8%: PM

Briefing the 5th Ordinary Session of the National Assembly’s 9th legislature on Monday, Prime Minister Sonexay Siphandone expressed his belief that the GDP of the Lao PDR in the first half of 2023 will grow by at least 4.8%.The

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