The Hanoitimes – Double digit growth in revenue has made Vietnam’s retail sit atop the list of sectors with the highest number of newly-established enterprises to date this year. According to the General Statistics Office (GSO), the country’s total revenue from retail sales and services in the first five months of this year maintained a high […]
Read MoreThe Hanoitimes – Vietnam is considered as one of the most attractive destinations for mergers and acquisitions (M&A) activities in ASEAN, in which Thai investors are showing a higher appetite than most. It is not a coincidence that 2 out of the recent top 5 M&A deals in the ASEAN region happened to be in Vietnam. […]
Read MoreThailand is becoming an oasis of monetary policy stability as other emerging markets scramble to raise interest rates. The Finance Ministry anticipates that borrowing costs will be left at 1.5% this year, said Kulaya Tantitemit, a spokeswoman and an inspector general at the ministry. While an increase is possible in 2019, it won’t be steep, […]
Read MoreMember states of ASEAN are intensifying efforts to shift towards green growth, according to regional leaders and stakeholders who gathered for a sustainable conference in Singapore last month. Singapore is introducing a carbon tax to tackle greenhouse gas emissions, the Philippines is increasing its tax on imported coal by 15 times to US$3 per tonne, while […]
Read MoreMANILA, Philippines — The Foundation for Economic Freedom (FEF) is urging Congress to immediately pass the Rice Tariffication Act to avoid prospects of runaway inflation. In a statement issued Wednesday, the policy advocacy group said the liberalization of rice trade in the country would bring down inflation by 0.4 percentage point as rice prices fall […]
Read MoreWith various barriers hindering the development of the tourism industry, authorities in charge will work closely with the relevant sectors to remove these obstacles, a minister told parliament yesterday. Responding to questions raised by National Assembly (NA) members at the ongoing 5th ordinary session of parliament, Minister of Information, Culture and Tourism Prof. Dr Bosengkham […]
Read More
Thailand
