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Asian markets mixed but traders on edge after China crackdown

Asian markets mixed but traders on edge after China crackdown

HONG KONG: Asian markets were mixed Tuesday with confidence at a premium after the previous day's sell-off, with investors keeping a wary eye on China following its latest crackdown on a range of industries.

13:45
All-time low

All-time low

Thai tourism this year is likely to be at an all-time low as international arrivals may reach just 1 million.

05:45 35

Extra expenses

Thailand is at risk of being fined by the organiser of the World Expo if it fails to pay an additional expense of 12.4 million baht incurred from a one-year delay.

06:41 8
Extra expenses

EXCHANGE RATE

Currency/Baht
Buy (Baht)
Sell (Baht)
EUR
38.4247
39.1944
GBP
45.0057
45.9162
HKD
4.1852
4.2766
JPY
29.4858
30.2322
USD
32.7195
33.0652
CNY
5.0112
5.1502
Source: Bank of thailand (28 Jul 2021)

SET

SET
1,537.63
-7.47
SET50
917.72
-5.52
SET100
2,097.73
-13.80
sSET
1,005.96
+3.36
SETCLMV
1,007.95
-1.70
SETHD
1,049.05
-6.90
SETTHSI
950.57
-6.23
Source: settrade.com (28 Jul 2021)
LATEST
15:18

FARMING OF THE FUTURE

FARMING OF THE FUTURE

15:18
FARMING OF THE FUTURE
13:45

Asian markets mixed but traders on edge after China crackdown

HONG KONG: Asian markets were mixed Tuesday with confidence at a premium after the previous day's sell-off, with investors keeping a wary eye on China following its latest crackdown on a range of industries.

13:45
Asian markets mixed but traders on edge after China crackdown
07:22

Myanmar GDP growth expected to contract 18%

Myanmar's economy is expected to shrink by 18% in 2021, the World Bank said on Monday, as a result of massive unrest following a military coup and a resurgent coronavirus outbreak.

07:22 6
Myanmar GDP growth expected to contract 18%
06:41

Funds still sought to cover Thai Pavilion's extra expenses

Thailand is at risk of being fined by the organiser of the World Expo if it fails to pay an additional expense of 12.4 million baht incurred from a one-year delay.

06:41 12
Extra expenses
05:56

Food prospects still positive

Japanese food and raw material suppliers remain keen on exploring opportunities to expand their products in the Thai market even though Thailand's domestic restaurant business is reeling from the pandemic.

05:56 5
Food prospects still positive
05:45

Tourism to hit all-time low in 2021

Thai tourism this year is likely to be at an all-time low as international arrivals may reach just 1 million.

05:45 48
All-time low
04:53

American Express retains commitment

Financial service provider's latest tie-up with Bangkok Bank is helping increase uptake of its cards in the premium and affluent segments.

04:53 3
American Express retains commitment
04:00

Srisawad aims to provide fully integrated services

Financial service company Srisawad Corporation Plc (SAWAD) has further synergised with leading insurance companies to further penetrate the insurance brokerage market by expanding services to cover all types of insurances and by underlining the "One Stop Credit and Insurance Services by Srisawad" slogan.

04:00
Srisawad aims to provide fully integrated services
04:00

Demand rises for tough phones

The pandemic and rise of new technology are driving demand for rugged mobile devices to support hybrid work, says South Korean tech giant Samsung.

04:00
Demand rises for tough phones
04:00

Draft of new tax for EV industry on track

The draft of a new excise tax for the electric vehicle (EV) industry is on track and is expected to be finished this year, said Lavaron Sangsnit, director-general of the Excise Department.

04:00 1
Draft of new tax for EV industry on track

EXCHANGE RATE

Currency/Baht
Buy (Baht)
Sell (Baht)
EUR
38.4247
39.1944
GBP
45.0057
45.9162
HKD
4.1852
4.2766
JPY
29.4858
30.2322
USD
32.7195
33.0652
CNY
5.0112
5.1502
Source: Bank of thailand (28 Jul 2021)

SET

SET
1,537.63
-7.47
SET50
917.72
-5.52
SET100
2,097.73
-13.80
sSET
1,005.96
+3.36
SETCLMV
1,007.95
-1.70
SETHD
1,049.05
-6.90
SETTHSI
950.57
-6.23
Source: settrade.com (28 Jul 2021)