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Credit watchers expect over 6% Philippines GDP growth

MANILA, Philippines — International credit rating agencies are still expecting economic growth of above six percent for the Philippines this year despite lowering their forecasts due to the slower-than-expected expansion in the first quarter. Christian de Guzman, senior credit officer at the sovereign ratings group at Moody’s Investors Service, said during the EJAP-Aboitiz Economy InFocus […]

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Thailand: Commerce Ministry working on trade row buffers

The Commerce Ministry is set to propose short, medium and long-term measures to cope with the impact of the deepening trade row between the US and China at the International Economic Policy Committee meeting chaired by Prime Minister Prayut Chan-o-cha on June 11.  Chutima Bunyapraphasara, the acting commerce minister who chaired Wednesday’s joint meeting with the […]

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Vietnam records 5-year high of newly established enterprises

The Hanoitimes – If including VND987.4 trillion (US$42.12 billion) of additional capital pumped by operational enterprises, the total registered capital channel into the economy in the first five months of 2019 was VND1,657.1 trillion (US$70.69 billion). Vietnam has seen a total of nearly 54,000 enterprises registered for new establishment in the first five months of 2019, […]

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Popularity of smart townships in Vietnam offers chances for investors

The Hanoitimes – Rising demand for smart townships would enable investors to change the Vietnamese real estate landscape. The popularity of smart townships in Vietnam becomes stronger following the fast-growing demand among young people, resulting in changes in the local property market.  The situation could offer different options for buyers, therefore, enable investors to change the […]

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Vietnam: Hanoi’s living cost up 0.24% in April

The Hanoitimes – The municipal Statistics Office’s report showed that gold price index decreased 0.68%, while USD price index fell 0.01% over the previous month.   Hanoi’s consumer price index (CPI) in April has increased 0.24% over the previous month and 4.35% against the same period last year, according to the Hanoi Statistics Office. In particular, […]

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Bangkok listed No.2 on YouDiscover site

Bangkok ranked second on the online travel platform YouDiscover’s 2019 list of the top 15 destinations for travellers in Southeast Asia, behind Siem Reap and ahead of Singapore.  The locations were chosen from 93 destinations in 11 countries, with top cities characterised by a diverse mix of tourist infrastructure, range of activities, fair costs and proximity […]

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