A money manager from Bank of Ayudhya revealed that the baht closed this evening at 33.96 baht / dollar, depreciating from the morning market opening at 33.88 baht / dollar. This evening, the baht depreciated from the morning. The baht depreciated against the dollar. in line with other currencies in the region due to concerns … Read more
South Korea’s finance minister, Choo Kyung-ho, believes that the economic relations between Japan and South Korea are at a crucial turning point. Speaking at the Asian Development Bank’s annual meeting in Incheon, Choo praised Tokyo’s recent decision to restore South Korea to a list of preferred trade partners. Choo believes that unnecessary regulations between the … Read more
Mr. Arkhom Termpittayapaisith, Minister of Finance, revealed that the Cabinet (Cabinet) acknowledged the 4th Capital Market Development Plan (2022-2027) as proposed by the Ministry of Finance. The 4th Capital Market Development Plan is a continuation of developments from the 3rd Capital Market Development Plan, taking into account the challenging factors. and major changing directions of … Read more
Since January 1, 2023, the statutory retirement age in Sweden has been raised from 65 to 66. And in 2026, he will return to 67, the level he had from 1914, when the public pension system was created, until 1976. In reality, Swedes can choose the date on which they stop working, between the ages … Read more
Mr. At Pisanwanich, director of the International Trade Study Center University of the Thai Chamber of Commerce She said Thailand’s exports in 2023 expected to expand -0.5%-1.5%, lowest growth in 3 years It represents $295,203 million, with an average median of 1%, valued at $290,819-296,665 million. Major export markets decreased year-over-year, such as the United … Read more
Jakarta – Chief Executive Officer of the International Monetary FundIMF), Kristalina Georgieva reminded that the global economy in 2023 will be more difficult than in previous years. “We estimate that a third of the world economy will experience a recession. Why? Because the three major economies, the United States, the European Union and China, are … Read more
In Lebanon, talk of smuggling into Syria has returned with the collapse of the Syrian pound against the dollar and the suffering of many Syrian villages and towns from the shortage of petroleum derivatives, the prices of which have soared. However, what is remarkable about the return of smuggling is the clear announcement of a … Read more
Commerce Ministry discusses plan to deal with next year’s economic slowdown set up war room Stick to and work closely with government and private sector. Initially, it prepares to penetrate 3 major markets, “Middle East-South Asia-CLMV”, to increase export sales by no less than 300 billion baht and to conduct Mini FTAs with major cities … Read more
Jakarta – Economy The world is expected to face its worst crisis next year. In fact, this is the worst since the 70s. As quoted by Reuters, there will be an economic slowdown and Europe is one of the hardest hit countries. Indeed, fighting inflation is currently one of the great tasks for policy makers. … Read more
The IMF warned in its latest major report on the global economic outlook. Inflationary pressure leading to interest rate hikes Mixed crisis of plant energy and food prices It is causing the global economy to enter recession and threatens the stability of the financial market. Countries accounting for a third of world production could fall … Read more