Surpassing several of its Southeast Asian peers in the latest global power ranking, Vietnam proves key player on world stage. Vietnam ascended two spots from last year to 32nd out of 80 economies in the 2019 power ranking released by multi-platform publisher U.S. News and World Report. Listing is based on an equally weighted scores […]
Read MorePrime Minister Hun Sen has vowed to clamp down on all online and arcade gambling operations in a move to safeguard national security and curb money laundering in the Kingdom. Speaking at an opening of the Sea Festival in Kampot province on Saturday, Mr Hun Sen said that the Kingdom will face issues of national […]
Read MoreThe central bank has not shut the door to further monetary policy easing if the economic situation is worse than expected, the governor said on Monday, calling next year’s growth outlook “disappointing.” Although the economy is expected to perform better next year than this year, its pace is still unsatisfactory and below potential, Veerathai Santiprabhob […]
Read MoreSINGAPORE’S headline inflation inched up while core inflation remained flat in November, largely in line with economist expectations. Headline inflation was at 0.6 per cent year on year in November, according to data released by the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) on Monday, higher than the 0.4 per […]
Read MoreThailand’s customs-cleared exports in November fell 7.39% from a year earlier, after falling 4.54% the previous month, the commerce ministry said on Monday. November’s export numbers came in worse than a Reuters poll forecast for a decrease of 4.5% in shipments, a main driver of Thai growth. Shipments to China rose 2.3% in November from […]
Read MoreThe baht’s heady gains are petering out, thanks to slowing growth and a central bank that’s bent on taming the currency’s strength. After clocking an 8% rise this year, Asia’s best-performing currency is losing momentum as easing US-China trade tensions damp its appeal as a haven. Falling yields on local bonds and equity outflows are […]
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