MANILA, Philippines — As widely expected, the Bangko Sentral ng Pilipinas on Thursday made good on its vow to undertake a “strong” follow-through policy action to fight rising inflation after it raised its benchmark rates by 50 basis points, the biggest rate hike in a decade. The latest round of monetary tightening brings the BSP’s […]
Read MoreThe Hanoitimes – With rapidly growing consumer demands for food and beverage (F&B) products, Vietnam – a market of more than 95 million people with rising income – is offering ample space for global franchisors to expand in the sector. The Ministry of Industry and Trade (MoIT) estimated Vietnam’s annual consumption of F&B products accounts for […]
Read MoreAsean is at crossroads in the wake of a trade war started by US President Donald Trump, with the risk of a boomerang effect on Southeast Asia. The tussle is biting into China’s exports to the US, raising the prospect of a spillover effect for countries that have deep economic ties with Beijing. The question […]
Read MoreKUALA LUMPUR: The labour force in Malaysia increased 2.4% to 15.28 million persons in the second quarter of 2018, as compared to the same quarter in 2017. “The employed persons also recorded an increased of 2.4 per cent in the same period to 14.77 million persons,” said Datuk Sri Dr Mohd Uzir Mahidin, Chief Statistician […]
Read MoreRETAIL sales in Singapore grew at a faster clip in June, thanks to a lift from motor vehicle sales, according to the latest release by the Department of Statistics. Retail takings went up 2 per cent in June compared to the same period a year ago, up from a revised 0.2 per cent growth registered […]
Read MoreA PROPOSAL to reimburse the holders of state welfare cards for the value-added tax (VAT) they make on purchases has won backing from a prominent think tank. The Thailand Development Research Institute (TDRI) said it vows to the support the relief measure that would benefit the 11.4 million people who have been handed the welfare […]
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Thailand
