Confidence In The Thai Baht (THB)

Confidence In The Thai Baht (THB)

A central bank official states that Thailand’s trade competitiveness has not been affected much by a strong baht and they are still confident that exports will grow 5 percent. Travel Recently, several tourists attempting to enter Thailand have been stopped and asked to show THB20,000 (about USD594) at airport immigration checkpoints. As an attempt to prevent the […]

Chicago Agriculture Commodities Finished Lower

Chicago Agriculture Commodities Finished Lower $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) grains futures finished lower Wednesday, declining on the prospect of record harvests in the Farm Belt and expanded crop stockpiles. The most active Corn contract for December delivery was down 0.25 cents, or 0.08%, to 3.155 bu. December Wheat delivery fell 4 […]

China’s Exporters Implement “Plan B” Against Headwinds

China’s Exporters Implement “Plan B” Against Headwinds

China’s Exporters Implement “Plan B” Against Headwinds China’s exporters are turning to an “alternative plan” aka Plan B, to underpin exports as foreign trade continued to be affected by weak demand, experts said Monday. “Plan B” involves manufacturing high-tech and innovative products amid ongoing supply-side structural reform to replace labor-intensive products, according to an article […]

Abenomics Not Likely to Lift Japan Out of Sluggish Growth

Abenomics Not Likely to Lift Japan Out of Sluggish Growth

Abenomics Not Likely to Lift Japan Out of Sluggish Growth Statistics released Wednesday showed Japan recorded better-than-expected economic growth numbers in Q-1 of the year. However, economists said the real picture may not be as rosy as it looks to be based on preliminary statistics. The reform plans championed by Prime Minister Shinzo Abe, known […]