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 […]
Read MoreThe 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 […]
Read MoreThe 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, […]
Read MoreThe 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 […]
Read MoreMANILA, Philippines — Consumer price growth could soften below 3% in May on the back of stable food prices, a global bank said Tuesday. In a note sent to reporters, ING bank said inflation this month likely cooled down below the government’s 2%-4% target amid falling rice prices. “With food prices likely stable or decelerating, […]
Read MoreBANGKOK: The Thai baht defied the “Sell in May” playbook and is heading for the top spot in in global emerging markets this month, driven in part by foreign inflows into the nation’s bond and stock markets. The currency has gained 0.3% against the U.S. dollar in May as of 11:06 a.m. in Bangkok, making […]
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