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Retail industry gets a big boost in Vietnam

The Hanoitimes – Double digit growth in revenue has made Vietnam’s retail sit atop the list of sectors with the highest number of newly-established enterprises to date this year. According to the General Statistics Office (GSO), the country’s total revenue from retail sales and services in the first five months of this year maintained a high […]

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Philippines: Labor issues hurting exports, says trade exec

MANILA, Philippines — Uncertainties in the labor sector brought about by the issue of contractualization have caused significant harm to the country’s exports which contracted for the second consecutive month in March after more than a year of expansion. Sergio Ortiz-Luis Jr., president of the Philippine Exporters Confederation Inc. and vice chair of the public-private […]

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Thailand: Policy rate likely to stay at 1.5%

THE MONETARY Policy Committee, in its meeting on May16, is expected to maintain the policy rate at 1.5 per cent as the country’s economic growth continues with inflation  under control, analysts said. Bank of Ayudhya’s executive vice president Somprawin Manprasert said that the bank believes the Monetary Policy Committee will maintain the policy rate at […]

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