The Hanoitimes – Rising foreign direct investment and “buoyant domestic demand, as suggested by the recent robust retail sales growth,” will keep the momentum going through year-end and in early 2020, said Maybank economists in a research note. Economists are upgrading their growth projections for Vietnam after data released last weekend showed the economy surged more […]
Read MoreMANILA, Philippines — Customers of Manila Water Company, Inc. will see higher rates on their bills to reflect recent swings in foreign exchange rates. In a disclosure to the stock exchange Monday, the Ayala-led utility company said it will have a Foreign Currency Differential Adjustment, or FCDA, of P0.69 per cubic meter effective October 13. […]
Read MoreBANGKOK: One of the main groups monitoring Thailand’s tourism industry said it’s too early to expect a revival in the sector despite a recent spike in arrivals. The strength of the baht is the biggest impediment to wooing more holidaymakers, the Tourism Council of Thailand said Monday. It revised down its estimate for foreign tourist […]
Read MoreIndonesia’s trade sector has received its Christmas gift early: The European Union has granted Indonesia Rp 232 billion (US$16.37 million) through a program dubbed ARISE+ Indonesia to improve trade conditions and capacity between 2019 and 2023. “The key objective is to strengthen the export and trade competitiveness of the Indonesian economy and the strategic goals […]
Read MoreHOUSEHOLDS and businesses can expect lower electricity bills for the next three months. Electricity tariffs for October to December are set to fall by an average of 3.3 per cent, or 0.79 cent per per kilowatt hour (kwh), compared with the previous quarter, SP Group said on Monday. The decline is due to the lower […]
Read MoreThe Hanoitimes – Vietnam’s trade turnover reached US$382.72 billion in the January – September period, of which its export value amounted to US194.3 billion, up 8.2% year-on-year, and imports totaled US$188.42 billion, up 8.9%. Vietnam reported an estimated trade surplus of US$0.5 billion in September, leading to a surplus of US$5.9 billion in the first […]
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