MALAYSIA and Vietnam are the two top festive spenders this year within South-east Asia, with sales value growth in Malaysia up a whopping 32 per cent. Vietnam follows with a 15 per cent growth. Unsurprisingly, China is up by 33 per cent, with strong consumer spending on fast moving consumer goods such as food, beverages, […]
Read MoreThe Hanoitimes – A stable macro-economic environment is essential for Vietnam to ensure economic independence and boost its resilience against external shocks. The State Bank of Vietnam (SBV) will stand firm on the goals of putting the inflation under control and keeping stable macro-economic conditions. “This is key to enhance the country’s economic independence and resilience […]
Read MoreBEER and liquor giant Thai Beverage Public Co (ThaiBev)’s brewery unit is heading for a listing on the Singapore Exchange (SGX), Bloomberg reported. The report cited sources with knowledge of the matter that the company is seeking a valuation of about US$10 billion for the unit, with the listing possibly taking place as soon as […]
Read MoreMANILA, Jan 28 (Reuters) – The Philippine economy shrank at a slower pace in the fourth quarter of last year, helped by higher government spending, but saw a record full-year contraction in 2020 as it grappled with the fallout of the COVID-19 pandemic. Gross domestic product (GDP) shrank 8.3% in the December quarter from a […]
Read MoreAccording to the government ‘s release this week of the Kingdom’s 2019 census report, the manufacturing and service sector have accounted for the largest rise in employment over the last decade, seeing millions of jobs created across the country. The manufacturing sector’s share of the employed population increased from 8.5 percent in 2008 to 18.8 […]
Read MoreSINGAPORE – Singapore’s resident employment continued to rise in the fourth quarter of last year, leading to an overall rebound to pre-Covid levels by end-2020, latest manpower statistics show. Resident employment grew by 28,900 in the fourth quarter, lower than the 43,200 in the previous quarter but it was the second consecutive quarter to register […]
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Thailand
