Brunei Darussalam’s economy is expected to strengthen in 2021 and 2022 on an improving external environment with a gross domestic product (GDP) growth of 2.5 per cent this year and three per cent next year, according to the Asia Development Bank (ADB) flagship economic publication, Asian Development Outlook (ADO) 2021, released recently. Growth in 2021 […]
Read MoreJakarta. Indonesia has seen inflation accelerated to its fastest pace in three months in April, as demand for foods and clothes during the Islamic fasting month of Ramadan picked up and drove up the commodities’ prices. The consumer price index — a composite measure gauging price level from a broad basket of goods — rose 1.42 percent in April […]
Read MoreBusinesses are still spending a lot on advertising on social media and search engines. This trend has yet to change as many Vietnamese companies consider these the main channels to reach customers. Social networks and search engines are two platforms that businesses consider to be highly effective in online advertising. Vietnamese businesses are spending a […]
Read MoreThe Vietnamese government welcomes Sumitomo Mitsui Banking Corporation’s deal worth US$1.4 billion to acquire 49% stake at local consumer finance firm FE Credit. The Vietnamese government encourages foreign investment into local credit institutions in a bid to enhance efficiency and safety of the banking sector. Deputy Prime Minister Pham Binh Minh gave the remarks in […]
Read MoreMyanmar has imposed a ban on imports of five Thai drinking products sent by land from Thailand, but will allow imports of these products by sea. Starting from Saturday, the ban applies to soft drinks, fruit juices, ready-to-drink coffee, condensed sweetened milk and fresh milk sent by land. However, these products can be exported via […]
Read MoreSigns of recovery in the Thai economy and stock market in the first quarter raised equity and mutual fund investment, as well as fee-based income for Thailand’s banking sector. Ten SET-listed commercial banks reported combined fees and service income of 43.4 billion baht in the first quarter this year, up 3.41% quarter-on-quarter and 9.33% year-on-year […]
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Thailand
