RETAIL 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 […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) delivered yesterday its biggest rate hike in a decade, raising interest rates by 50 basis points despite the slowdown in the country’s economic expansion in the second quarter. BSP Governor Nestor Espenilla Jr. said in a press conference yesterday the Monetary Board noted that the baseline forecasts have shifted higher […]
Read MoreSixty-four percent of people surveyed in Myanmar are eager to open a bank account and utilise latest payment systems, according to Visa’s latest study. The majority of people in Myanmar wish to have access to banking services and cashless payment methods, such as credit and ATM cards, mobile payments, contactless payments and payment via QR […]
Read MoreMANILA: Economic growth in the Philippines weakened to a three-year low last quarter, missing all economists’ estimates. Stocks and the peso fell. Gross domestic product (GDP) rose 6% in the second quarter from a year earlier, the Philippine Statistics Authority said in a briefing in Manila. That was the weakest pace since 2015, according to […]
Read MoreThe Hanoitimes – VinaCapital affirmed its intention to strike a partnership with Ba Huan in the future provided more favorable conditions. VinaCapital, one of the two largest asset management company in Vietnam besides Dragon Capital, has agreed to terminate a controversial investment in Ba Huan JSC, a leading poultry firm in the country, after the latter […]
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Thailand
