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Asian markets struggle as Hong Kong dives again, oil retreats

Asian markets struggle as Hong Kong dives again, oil retreats

Asian markets struggled again Tuesday, with Hong Kong tech firms leading another sharp equity selloff in the city following the Covid-19 shutdown of tech hub Shenzhen and worries over Russia's military outreach to China.

11:23
Further diesel excise cut sought

Further diesel excise cut sought

The Land Transport Federation of Thailand (LTFT) has called on the government to further cut diesel excise tax.

04:13 9

EXCHANGE RATE

Currency/Baht
Buy (Baht)
Sell (Baht)
EUR
36.3578
37.0921
GBP
43.2034
44.0579
HKD
4.2379
4.3252
JPY
27.9708
28.7016
USD
33.3298
33.6557
CNY
5.1791
5.3188
Source: Bank of thailand (15 Mar 2022)

SET

SET
1,644.36
-15.79
SET50
998.72
-9.64
SET100
2,262.81
-21.32
sSET
1,096.27
-12.14
SETCLMV
1,009.88
-6.76
SETHD
1,193.58
-9.29
SETTHSI
1,046.61
-9.26
Source: settrade.com (15 Mar 2022)
LATEST
14:46

Singapore home sales lowest since May 2020

Singapore home sales slumped to the lowest in 21 months as the residential market slows on cooling measures and higher property taxes.

14:46
Singapore home sales lowest since May 2020
12:26

Myanmar to accept baht for border trade transactions

Myanmar will start accepting the baht for settling border trade transactions and is also looking at a similar plan to use the Indian rupee for such trade, the ministries of information and investment said on Tuesday.

12:26 4
Myanmar to accept baht for border trade transactions
11:23

Asian markets struggle as Hong Kong dives again, oil retreats

Asian markets struggled again Tuesday, with Hong Kong tech firms leading another sharp equity selloff in the city following the Covid-19 shutdown of tech hub Shenzhen and worries over Russia's military outreach to China.

11:23
Asian markets struggle as Hong Kong dives again, oil retreats
10:46

Thai chicken factories win Saudi export approval

After 18 years of suspended exports, 11 Thai chicken factories have been given permission by Saudi Arabia to export chilled and frozen fresh chicken, effective as of March 13.

10:46 6
10:09

State ramps up Mideast fruit exports

The government looks set to ramp up fruit exports to the Middle East this year and is speeding up talks with its Chinese counterpart to help facilitate fruit exports after China's zero-Covid policy has taken a heavy toll on Thai fruit exports, especially durian.

10:09 4
08:08

Imminent IPO expected for enabler aCommerce

Southeast Asian e-commerce enabler aCommerce aims to launch its initial public offering (IPO) this year while expanding into Vietnam to capture the burgeoning regional online shopping market, expected to be close to US$130 billion in value by 2025.

08:08
06:22

Sizzler set to raise prices

SLRT, the operator of Sizzler steak restaurant under The Minor Food Group Plc, is poised to increase prices of some items by 5-10% today.

06:22 42
Sizzler set to raise prices
06:15

Mastercard gears up for digital currency payment

Payments technology company Mastercard has been working closely with related parties everywhere, including Thailand, to prepare for the future of payments.

06:15 2
Mastercard gears up for digital currency payment
06:11

Laos power plant deals in the pipeline

Developers and operators of four hydroelectric power plants in Laos will sign power purchase agreements with energy policymakers in Laos and Thailand within May under a plan to promote more renewable energy.

06:11 3
Laos power plant deals in the pipeline
05:55

Listed companies see profits surge 80% to B986bn in 2021

Thai listed companies recorded a nearly 80% rise in net profit to 986 billion baht in 2021, as rising oil and commodity prices supported related businesses and the government's easing of pandemic restrictions spurred economic recovery.

05:55 3

EXCHANGE RATE

Currency/Baht
Buy (Baht)
Sell (Baht)
EUR
36.3578
37.0921
GBP
43.2034
44.0579
HKD
4.2379
4.3252
JPY
27.9708
28.7016
USD
33.3298
33.6557
CNY
5.1791
5.3188
Source: Bank of thailand (15 Mar 2022)

SET

SET
1,644.36
-15.79
SET50
998.72
-9.64
SET100
2,262.81
-21.32
sSET
1,096.27
-12.14
SETCLMV
1,009.88
-6.76
SETHD
1,193.58
-9.29
SETTHSI
1,046.61
-9.26
Source: settrade.com (15 Mar 2022)