Bangkok After Dark: 7 Late-Night Street Food Spots Where Locals Really Eat
Bangkok's late-night street food is more than just a meal - It's a way to see the city's real side. If you want to eat like a local, skip the fancy restaurants and head to the street. You'll find good food, friendly faces, and the true taste of Bangkok at night.
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New Straits Times
2 hours ago
- New Straits Times
Rumours of attack on Cambodia untrue, says Thai army
BANGKOK: The Royal Thai Army (RTA) on Sunday denied rumours on social media claiming it had ordered the evacuation of residents in Surin province in preparation for an attack on Cambodia. RTA spokesman Major General Winthai Suvaree refuted the claims, which he said originated from a social media post allegedly shared by former Cambodian Prime Minister Hun Sen, citing a statement attributed to Cambodia's Defence Ministry spokesperson. Winthai said the post falsely alleged that the Thai army had ordered a nighttime evacuation of civilians and was preparing to launch an offensive against Cambodia. He confirmed there was no truth to the allegations and stated unequivocally that no evacuation orders had been issued in Surin or any other area. "The public is urged to rely on official information sources and not be misled by unverified posts or disinformation that could cause public panic," he said in a statement on Sunday. He said that while the Royal Thai Army remains fully committed to the current ceasefire agreement, Thailand continues to maintain operational readiness to respond to any unforeseen developments. Thai and Cambodian defence ministers are scheduled to hold the General Border Committee (GBC) meeting in Kuala Lumpur from Aug 4 to 7, following a ceasefire deal brokered by Malaysian Prime Minister Datuk Seri Anwar Ibrahim on July 28. The two neighbouring countries have been in conflict over their 817km border, with disputes dating back to 1907. The latest conflict began with a brief skirmish between Thai and Cambodian troops on May 28, which escalated into armed clashes on July 24.
Mint
4 hours ago
- Mint
EM Funds Adjust Bets as ‘Sell the Dollar' Trade Loses Appeal
(Bloomberg) -- The dollar's bounceback in July is convincing some emerging-market investors to bet it will keep rising in coming months. T. Rowe Price Group Inc. says it now favors dollar-denominated emerging market bonds rather than local-currency ones as a tactical trade. Barclays Plc is telling its clients to avoid shorting the greenback versus its Asian peers, while Fidelity International says the higher-for-longer US interest rates make it less attractive to borrow the dollar to fund carry trades. Fund managers and analysts alike are reappraising the 'Sell the Dollar' trade as the greenback's revival sapped some of the optimism toward developing-nation assets. Bets the dollar would continue to fall pushed the MSCI emerging-market equity index to a more than three-year high last month, and a similar gauge of currencies to a sixth monthly gain in June. 'I'm weighted towards' dollar-denominated emerging-market bonds for now, given their attractive coupons, said Leonard Kwan, a fund manager at T. Rowe Price in Hong Kong. There's likely to be a 'consolidative period for the dollar over the next three-to-six months,' which will challenge the returns from local-currency debt, he said. Emerging-market dollar bonds handily outperformed their local-currency counterparts last month, with a Bloomberg gauge of the securities returning 0.9%, while one measuring local-currency debt fell by the same amount. A similar trend was seen in currencies. Bloomberg's dollar spot index climbed 2.7% in July, snapping a six-month losing streak, while MSCI's emerging-markets currency index fell 1.2%. On Friday, the greenback tumbled after soft US jobs data prompted traders to boost bets that the Federal Reserve will cut rates as soon as next month. The dollar gauge still gained 1% for the week, its best since November. 'We remain reluctant to jump into outright' trades betting the dollar will weaken against Asian currencies into the summer, Barclays strategists including Lemon Zhang wrote in July 24 note. 'Instead, we have recommended going long the US dollar against some low yielders in the region with stretched valuations and idiosyncratic risks,' such as the Thai baht and Hong Kong dollar, they said. Barclays also favors what it calls relative-value trades that avoid the dollar altogether — such as betting the Singapore dollar will weaken against its Chinese counterpart, and going short the baht versus the South Korean won. Investors who have been using the dollar as a funding currency for carry trades may also want to seek other options, according to Fidelity. Carry trades involve borrowing in a currency with relatively low interest rates and investing in another offering higher returns. 'Given that US dollar interest rates may remain relatively higher for some time, it may be worth considering alternative funding currencies that offer lower costs while maintaining similar risk profiles,' said Lei Zhu, head of Asian fixed income at Fidelity in Hong Kong. Possibilities include borrowing in the Hong Kong dollar, which has lower short-term fund rates than the greenback, or even the Chinese yuan, she said. Meanwhile, the dollar's revival in July is making it cheaper for Asian funds to hedge their holdings of greenback-denominated assets. The aggregate hedging cost for local-currency funds, as measured by dollar-Asia forward implied yields from eight economies and the equivalent US secured overnight refinancing rate, fell five percentage points last month, the first drop this year, data compiled by Bloomberg show. 'With the dollar strengthening again, unhedged or underhedged entities may view this as an opportunity to reduce their US dollar foreign-exchange exposure and to rebalance their positions,' Fidelity's Zhu said. --With assistance from Matthew Burgess and Malavika Kaur Makol. More stories like this are available on
The Star
5 hours ago
- The Star
Marcelo-inspired wingback Kevin can get Selangor into winning rhythm
PETALING JAYA: Long before new Selangor signing Kevin Deeromram became a wingback in South-East Asia, he was a young boy glued to the TV screen watching Real Madrid's leftback Marcelo light up the Bernabeu with his Brazilian flair. "I like Marcelo when he played for Real Madrid,' said the 27-year-old Kevin. "He is technical and you could see how good he was in Europe. I try to play like him - being on the offensive, always trying to create chances." It's no surprise, then, that Kevin's own game has blossomed in the same mould. A bold, attacking leftback with a forward-first mindset, Kevin is now set to bring his high-energy style to Malaysian football after a solid eight-year stint in Thailand. Kevin's rise in football, however, is somewhat a surprise as his background did not hint at a future on the pitch. "I'm the first professional footballer in my family. "My father was a wrestler. He put me into football, but we didn't come from a sporting world." Born to a Thai mother and Swedish father, Kevin's multicultural roots offered him options, but his love for the game paved his path forward. He joined the Djurgardens IF academy in Sweden in 2012 before moving to Werder Bremen in 2015. A year later, he returned to Djurgardens and made his professional debut against Levski Sofia, a moment that tested every nerve. "Imagine the fans, there were flares everywhere. I was literally shaking. But it made me a player. Since then, I haven't looked back." In 2017, Kevin moved to Thailand, representing Ratchaburi and then Port, where he played from 2018-2025. He won the Thai FA Cup with Port in 2019 and also earned four senior caps for Thailand, after clinching the SEA Games gold with the U-23 team in 2017. Now, Kevin is charting a new chapter with Selangor "I felt the time was right to spread my wings. Selangor showed interest, and I thought, 'Why not?' It's a big club with a huge fanbase and good facilities." Adapting, he believes, won't be an issue. "I can't wait to get started. We want to win as many games as we can and try to be champions.'' If he can inspire a few young footballers, the way Marcelo once inspired him, that will be a bonus for Selangor.
