The Hanoitimes – Energy demand will rise strongly in Vietnam as the country needs power to run its fast-growing economy. Vietnam is estimated to need up to 40.1 billion cubic meters (bcm) of imported natural gas by 2035, 40 times the current demand, according to estimates by PetroVietnam Gas Joint Stock Corporation (PV Gas), the largest […]
Read MoreA new mobile phone application that was designed to be a one-stop shop for tourists planning to visit Thailand was unveiled on Wednesday. Dubbed “TAGTHAi” by its developers at Kasikorn Business Technology Group, the app will be operated by Thai Digital Platform Social Enterprise Co. The app offers access to services provided by 20 state […]
Read MoreMANILA, Phillipines — Economists said the Bangko Sentral ng Pilipinas (BSP) may step on the brake pedal and keep interest rates unchanged today, as the easing cycle is expected to resume next year. ING Bank Manila senior economist Nicholas Mapa said the BSP is expected to hold fire after unloading a salvo of rate cuts […]
Read MoreTHE merger and acquisition (M&A) appetite in South-east Asia remains stable despite global uncertainty, according to the latest EY Global Capital Confidence Barometer released on Nov 12. Some 41 per cent of respondents in South-east Asia had acquisition plans in the next 12 months, below the global average of 52 per cent but close to […]
Read MorePETALING JAYA: Gross domestic product (GDP) growth in the third quarter is likely to have slowed due to weaknesses in supply side data and in line with a synchronised global slowdown, according to economists from two research houses. Maybank IB Research is estimating for growth to slow to 4.3% year-on-year (y-o-y) on contractions in the […]
Read MoreMANILA, Philippines — The Department of Finance (DOF) expects Congress to pass before the end of the year a bill which would increase taxes on alcohol and electronic cigarette products, now that President Duterte has certified the bill as urgent. In an interview, Finance Secretary Carlos Dominguez said he has asked lawmakers to swiftly pass […]
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