HANOI — Vietnam’s enterprises feel positive about the business climate for the fourth quarter, according to the General Statistics Office (GSO) under the Ministry of Planning and Investment. The office reported that 52.6 per cent of enterprises in the domestic processing and manufacturing sector, participating in its survey on business trends, said that local business […]
Read MoreCommercial lenders have said the central bank’s requirement that banks and microfinance institutions (MFIs) increase the share of local currency in their loan portfolio to at least 10 percent by the end of 2019 could prove challenging to implement as their biggest clients exhibit a strong preference for deposits and loans in foreign currencies. The […]
Read MoreMANILA, Philippines — DBS Bank Ltd. said inflation is expected to stay steady at 3.1 percent in September but still expects the Bangko Sentral ng Pilipinas (BSP) to raise interest rates in the fourth quarter. Amid the steady headline inflation, DBS economist Gundy Cahyadi said core inflation that excludes the volatile food and energy products […]
Read MoreTEMPO.CO, Jakarta – Finance Minister Sri Mulyani said that the government will focus on eradicating poverty, infrastructure development and public service improvement in the third quarter this year. “Because they will have positive impacts. In the third quarter, the government will be focusing on their implementation,” she said yesterday. In the third quarter, Sri Mulyani said, ministries and state […]
Read MoreKUALA LUMPUR: Maybank IB Research remains positive on VS Industry Bhd following its Tuesday briefing with a Buy rating and target price of RM3.18 based on 17.5x CY18 PER. “VSI’s 4QFY7/17 pre-tax profit margin for the Malaysian ops contracted 4.4ppts q-o-q, mainly due to a transition of its transactional currency from USD to RM for components […]
Read MoreHCM CITY – Vietnam will not see high year-end growth in exports of tra fish and shrimp to US by this year because trade barriers have reduced their value, according to the national seafood association. Meanwhile, exports of these seafood products to Japan, China, Brazil and the ASEAN bloc have increased significantly in the first eight months of the year, according […]
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Thailand
