Grab Holdings Inc – the ride-hailing giant that managed to take out Uber Technologies Inc in its pursuit of the dominance in Southeast Asia – is confident that it will be available for trading by the end of the year. The company postponed its initial public offering on the Nasdaq last week after it agreed […]
Read MoreVegetable and fruit prices have plummeted recently because they cannot be exported to China. In fruit centers, farmers are incurring big losses despite bountiful crops. Vietnam is in high fruit harvesting season with the output expected to reach hundreds of thousands of tons. But, exports to China have got stuck because of Covid-19. Prices have […]
Read MoreThe price for stocks of banks continue to attract cash flow and have increased again, helping bank assets reach new records. At the trading session on the morning of June 14, Vietinbank (CTG) shares rose by nearly VND1,000 per share to reach nearly VND54,000 a share. At the last trading session of last week, this […]
Read MoreKUALA LUMPUR: Foreign investors remained net buyers of Malaysian bonds, albeit at a tapered pace, for the 13th consecutive month in May 2021. RAM Ratings said in a statement on Tuesday foreign investors’ overall holdings rose by RM1.9bil to RM247.9bil (April: +RM6.4bil), the weakest foreign inflow since September 2020. RAM’s economist, Nur Nadia Mazlan explained […]
Read MoreAs of June 11, foreign investors have reported net buying of bonds worth 52.1 billion baht, the first time in two years the group has been a net purchaser, attributed to attractive returns and low inflation supporting the stability of the baht. Net foreign purchases worth 30.7 billion baht were reported at the end of […]
Read MoreThe Garment Manufacturers Association in Cambodia (GMAC) is welcoming three large investments to the sector after the Council for the Development of Cambodia (CDC) approved a trio of new garment projects yesterday. A total of $14.9 million is earmarked for the projects collectively. They are anticipated to generate some 3,200 new jobs. “Such investment amid […]
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Thailand
