Non-alcoholic beverage producers in Vietnam have reported impressive growth thanks to the large space for development, which is the basis for both foreign and domestic players’ long-term investment commitment. In late March, Masan Consumer Holdings, a member of Masan Group, officially inaugurated a complex with the total investment capital of nearly $70 million, located in […]
Read MoreThe government has pinned its hopes on fresh measures to help alleviate hardships of people affected by the Covid-19 pandemic and to boost domestic consumption worth a combined total of 140 billion baht. The measures are scheduled to go before the cabinet today. Deputy Prime Minister Supattanapong Punmeechaow said the fresh measures will play a […]
Read MoreThe Philippine peso may return to the weaker P48 to US dollar territory in June as the economy continues to open up, according to bank analysts. Union Bank of the Philippines chief economist Ruben Carlo Asuncion said the peso-dollar exchange rate has a negative bias, with a forecast of P48 to P48.50:$1 for next month. […]
Read MoreThe baht opened at 31.19 to the US dollar on Tuesday, strengthening from 31.24 at close on Monday. The Thai currency is likely to move between 31.15 and 31.25 during the day, Krungthai Bank market strategist Poon Panichpibool said. He explained that the baht was moving in a narrow range, despite the weakening dollar and […]
Read MoreKUALA LUMPUR (Bernama): Beware! If you are going out to shop for daily necessities today (June 1), make sure that your destination is not more than 10km from your house or else, you will be directed to turn back. This is one of the rulings imposed during the first phase of the 14-day total lockdown […]
Read MoreBusiness sentiment eased to a three-month low on worries about the Covid-19 outbreak, but firms remained optimistic overall that output will increase over the coming year. The Vietnam Manufacturing Purchasing Managers’ Index (PMI) posted 53.1 in May, down from 54.7 in April. The latest reading, however, signaled a sixth successive improvement in business conditions, and […]
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