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Symphony Environmental Technologies plc (via Public) / The Michael Stephen Column

Symphony Environmental Technologies plc (via Public) / The Michael Stephen Column
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FTI keeping close watch on value of depreciating baht

FTI keeping close watch on value of depreciating baht 9 published : 13 Jul 2021 at 07:11 9 he Federation of Thai Industries closely monitors the foreign exchange rate after the baht recently fell to its weakest value. The Federation of Thai Industries (FTI) is closely monitoring the foreign exchange rate after the baht recently fell to its weakest value in 14 months at 32.29 baht to the US dollar, although this benefits Thai exporters. The baht is expected to remain weak in the short term because the US Federal Reserve is likely to raise its policy interest rate earlier than projected in 2022 and 2023. Kriengkrai Thiennukul, vice-chairman of FTI, said the baht, which has depreciated faster than other currencies in Asean, tends to fall to between 32.50-32.65 to the dollar.

A double dose of reality

A double dose of reality Mixing vaccine brands and getting an mRNA booster after 2 Sinovac jabs has led to a scramble published : 12 Jul 2021 at 04:30 A health worker prepares a dose of the Covid-19 vaccine at Bang Sue Grand Station. Nutthawat Wicheanbut The threat of a prolonged Covid-19 outbreak, triggered by the Delta variant, has prompted people to scramble for alternative vaccines, including Moderna, that are not provided the state mass inoculation scheme. A mix of different types of vaccines to boost immunity against variants has increasingly become part of the decision to receive jabs amid ongoing concern about a vaccine shortage.

Firms eye partial lockdown

Firms eye partial lockdown published : 9 Jul 2021 at 07:04 36 Traffic is sparse on Phaya Thai Road in the central business district of Bangkok on Sunday because of the latest Covid-19 outbreak in the capital. (Photo by Apichit Jinakul) Local businesses favour a partial lockdown, especially in areas with severe infection numbers to reduce the economic impact. Many business leaders warn a total nationwide lockdown would cause huge losses for the country s economy and massive harm for enterprises. Careful vetting Sanan Angubolkul, chairman of the Thai Chamber of Commerce, said the group disagrees with reinstating nationwide restrictions to curb the spread of Covid-19, as happened during the first wave last year.

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