The Hanoitimes – The latest data from the Business Climate Index (BCI) of the European Chamber of Commerce in Vietnam (EuroCham) shows that European companies are growing more confident of doing business in Vietnam. This growing confidence in Vietnam’s trade and investment environment can be seen in a six-point jump from the first quarter to the […]
Read MoreCambodia’s public debt-to-GDP ratio remains low risk this year. This means the Kingdom is able to afford more debt to maintain economic growth while assuring good returns on its investments, says Jarkko Turunen, a senior economist at the International Monetary Fund (IMF). Turunen, who leads the IMF team conducting the 2018 Article IV consultation with […]
Read MoreAlmost half of new mortgages in the second quarter had a loan-to-value (LTV) ratio of more than 90%, and those with a loan-to- income (LTI) ratio above five times made up nearly one-third, says a senior official at the Bank of Thailand. The data points to deteriorating credit standards, explaining why the central bank is concerned […]
Read MoreMANILA, Philippines — After plunging deeper into bear market territory on Tuesday, the stock market recovered yesterday, indicating that investors are again on a fighting stance and ready for some bargains. The benchmark Philippine Stock Exchange index (PSEi), the stock market gauge, gained 78.51 points or 1.10 percent to finish at 7,210.87 while the broader […]
Read MoreBank Indonesia Governor Perry Warjiyo called on the public on Wednesday not to worry about the rupiah depreciation, saying that the rupiah exchange rate against the US dollar was better than that of other currencies in emerging countries. The rupiah stood at above Rp 15,000 per US dollar on Tuesday. Since January, the currency has […]
Read MoreKUALA LUMPUR: Enhanced technology, a strong workforce and critical technical skills are among the requisites needed for Malaysia to roar once again as one of the “Asian Tigers”, trailing the path of the awakened “Sleeping Dragon”. Market observers opined that Malaysia must strengthen its technological capacity, as well as its workforce by increasing the wages […]
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