The Hanoitimes – Construction on the complex started in February and the plant is set to start commercial operations in the first half of 2023. Thai industrial conglomerate Siam Cement Group (SCG) has ink deals to borrow loans worth over US$3.2 billion in a move to kick-start the construction of Vietnam’s first fully integrated petrochemical-complex project, […]
Read MoreSome 905,000 Cambodians applied for consumer credit in the first half of this year compared with 670,000 over the same period last year, the latest report from the Credit Bureau of Cambodia (CBC) said. This marks a 35 per cent growth in loan applications. The report showed that outstanding consumer loans reached $5.16 billion at […]
Read MoreThe value of border trade between Thailand and Myanmar is expected to double to UScopy2 billion by 2026, says the assistant spokesman of the Prime Minister’s Office. The cabinet has approved the proposed draft of policies and initiatives for the ninth Meeting of the Myanmar-Thailand Joint Commission, as diplomatic relations between the two nations turn […]
Read MoreKUALA LUMPUR: AirAsia Bhd has unveiled its fifth route into Vietnam yesterday, as the low-cost carrier launched its direct flight from Kuala Lumpur to Phu Quoc, Vietnam. The four weekly flights will commence on November 2. Phu Quoc marks AirAsia’s 59th unique route, apart from its existing destinations in Vietnam namely, Ho Chi Minh City, Da Nang, […]
Read MoreMANILA, Philippines — The peso rally lost steam yesterday after momentarily breaking the 52 to $1 resistance level as inflation quickened for the seventh straight month to hit a fresh five-year high of 5.7 percent in July from 5.6 percent in June. The local currency lost 15 centavos to close at 53 to $1 from Monday’s 52.85 […]
Read MoreThe Hanoitimes – The Vietnamese banking authority may have to sell more foreign currency if the US dollar keeps appreciating. The State Bank of Vietnam (SBV), the country’s central bank, has sold US$2.5 billion in foreign currency to commercial banks since mid-July and may make further intervention in the time to come, in a bid to […]
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