Market research firm Market Intello has forecast that Vietnam’s inflation this year may fall to below 3 per cent, lower than the rate of 3.8 per cent it predicted last month. According to the company’s latest macro-economy report, the inflation rate was trending downward because of falling prices of fresh foods as well as oil […]
Read MoreThailand will sign a tripartite electricity-trading agreement with Laos and Malaysia, engaging in transmission process. Vietnam News Agency reported permanent secretary of the Thai Energy Ministry Areepong Bhoocha-Oom said the agreement is scheduled to be inked at the Asean Energy Ministers’ Meeting in Manila Sept 17-22. Under the agreement, Laos will sell electricity to Malaysia, using Thailand’s transmission […]
Read MoreThai exports jumped 13.2% year-on-year to UScopy9.9 billion (676 billion), the highest in more than four years, as the global economic recovery helped boost demand and shrug off the impact of the baht’s appreciation, according to the Commerce Ministry. Pimchanok Vonkorpon, director-general of the ministry’s trade policy and strategy office, said the rise in May […]
Read MoreHong Kong is the most expensive in Asia. Singapore remained as one of the most expensive cities for expatriates, Mercer’s annual Cost of Living Survey revealed. Five of the top 10 cities in this year’s ranking are in Asia. Hong Kong (2), which dropped from the top spot, is the most expensive city in Asia […]
Read MoreMANILA, Philippines – The Philippines stands to benefit from an ongoing diplomatic crisis in the Middle East as more trade and investments are seen going toward the country, Philippine Economic Zone Authority (PEZA) director general Charito Plaza said. “The Qatar crisis is to our advantage because while they have an embargo with their neighboring countries, […]
Read MoreSINGAPORE: Thailand said a US$44bil plan to add infrastructure and upgrade industry on its eastern seaboard can link up with China’s Belt and Road Initiative, as part of a push to encourage economic growth. The Eastern Economic Corridor (EEC) project could be beneficial for China and the rest of South-East Asia, apart from bolstering Thailand’s […]
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