SINGAPORE’S key non-oil domestic exports (NODX) extended their quarterly decline in the first three months of the year, posting a 6.4 per cent drop year on year, according to trade promotion agency Enterprise Singapore on Tuesday. This was much sharper than the 1.1 per cent drop in NODX in the final quarter of 2018. Both the […]
Read MoreThe Hanoitimes – The industrial and construction sectors remain the main driving force for economic growth, while consumer spending would be essential. The services sector in case of growing over 7.2% in 2019 could boost Vietnam’s GDP to be equivalent or even higher than last year’s growth of 7.08%, according to the Ministry of Planning and […]
Read MorePETALING JAYA: The increasing popularity of mobile payment due to the high mobile penetration rate is not seen as a material threat to Malaysian banks, according to RAM Ratings. In an email interview with StarBiz, RAM Ratings co-head of financial institution ratings Wong Yin Ching said such a mode of payment in the country is […]
Read MoreA discussion over the global economic outlook usually revolves around the likes of the US, Europe, Japan, China and India. But another economic powerhouse has emerged. Fueled by wealth creation and consumption, and an extremely digitally-savvy and sizable young population, ASEAN is an economic and digital force to be reckoned with. As a regional bloc, it […]
Read MoreTHOUGH some international companies are still in a wait-and-see mood before pouring their money into Myanmar, the nation remains confident that it can attract heavy investment this year, thanks to its ambitious Myanmar Investment Promotion Plan (MIPP). Aung Naing Oo, permanent secretary at the Ministry of Investment and Foreign Economic Relations, said at a workshop […]
Read MoreSK Group is investing $1 billion in Vietnam’s largest privately owned group, the Vingroup Joint Stock Company, adding momentum to its business expansion in the Southeast Asian country, company officials said on Thursday. South Korea’s third-largest conglomerate signed a deal in Hanoi to acquire 6.1 per cent of the Vietnamese group’s shares at $1 billion, […]
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