PETALING JAYA: Firms operating in the Malaysian manufacturing sector are increasingly optimistic regarding the 12-month outlook for production. IHS Markit said positive sentiment strengthened to the highest in five months amid hopes that the end of the pandemic would result in stable operating conditions and boost production and sales. “Businesses continued to scale back production […]
Read MoreThe Hanoitimes – Vietnamese people are overpaying to own a same amount of gold as their international peers, said an expert. Many gold trading firms have suggested the State Bank of Vietnam (SBV) to soon issue license for importing gold from abroad, General Director of Sacombank Jewelry Company (SBJ) To Thanh Hiep told Hanoitimes. Hiep attributed […]
Read MoreThe Securities and Exchange Commission (SEC) is backing off its draft plan to require a 1-million-baht minimum annual income and other requirements for cryptocurrency investors, noting the draft was just meant to test public sentiment from stakeholders. A live talk about the hearing on the SEC’s Facebook page will be rescheduled to tomorrow — three […]
Read MoreMANILA, Philippines — Singapore’s DBS Bank Ltd. expects the Bangko Sentral ng Pilipinas (BSP) to keep the benchmark interest rate at an all-time low of two percent this year due to rising inflation. Philip Wee, foreign exchange strategist for Asia at DBS, said inflation is seen accelerating further after breaching the higher end of the […]
Read MoreThe Tourism and Sports Ministry wants to directly offer subsidies to tour companies that sell packages to the elderly to help inject liquidity faster while the international market remains uncertain. Phiphat Ratchakitprakarn, the tourism and sports minister, said the agency is worried about the delay of the 5-billion-baht tourism stimulus project tailored to those aged […]
Read MoreVietnam’s economy has fared better than that of almost any other country except China during the Covid-19 crisis. It grew by 2.9% last year while most other countries fell into recession. One consequence of the crisis was that manufacturers realised the importance of diversifying supply chains, and many accelerated the China Plus One policies that […]
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Thailand
