ASEAN and the broader East Asian region could play a leading role in promoting freer trade and investment flows amid a rising tide of protectionism, the chief of the UN’s trade and development arm said. Mukhisa Kituyi, secretary-general of the United Nations Conference on Trade and Development (UNCTAD), made the comment yesterday as he expressed […]
Read MoreFinance Minister Sri Mulyani Indrawati has said that the government is “playing the long game” to safeguard the country’s economy from external pressures, particularly from the United States Federal Reserve’s hawkish stance on its policy rate. Following a Federal Open Market Committee (FOMC) meeting on June 13, the Fed has taken a more aggressive stance, projecting two […]
Read MoreThe Hanoitimes – Increasing nine points compared to the last quarter of 2017 on the back of increased positivity about local job prospects and the state of personal finances, Vietnam`s consumer confidence index reached a new all-time high of 124 points, according to a recent report by Nielsen Vietnam. Enhancing the quality of life After covering […]
Read MoreInflation rose by 1.38 per cent in June compared to the same month last year, but was down slightly from May’s 1.49 per cent, the Commerce Ministry reported on Monday. It ascribed the increase in June to a hike in energy prices but noted that the price of fresh foods dropped 1.75 per cent from […]
Read MoreMANILA, Philippines — A weaker peso is seen boosting tourism receipts as foreign tourists spend more as they get more value for they money, an official of the Department of Tourism(DOT) said. “A stronger US dollar against the Philippine peso will mean more purchasing power for foreign tourists visiting the country,”Tourism Undersecretary Benito Bengzon told The […]
Read MoreThe National Bank of Cambodia (NBC) announced on Friday that it is seeking to cooperate with relevant stakeholders to crack down on illegal lenders. It also alerted the public about the dangers of taking cash loans from unfamiliar sources. The NBC’s message noted that illegal lenders were boosting their loan advertisements on social media, distributing […]
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Thailand
