Vietnam’s trade outlook for the remainder of the year is projected to have intertwined challenges and opportunities, with the country’s efforts to contain the pandemic the most important factor. Vietnam posted a trade deficit of US$1.3 billion in August, marking the fourth consecutive month the country has had an unfavorable trade balance, according to the […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) ordered the closure of the Rural Bank of Datu Paglas Inc. based in Maguindanao, bringing to five the number of problematic banks shuttered this year. BSP Deputy Governor Chuchi Fonacier said the Monetary Board issued Resolution 110.A last Aug. 26 prohibiting the Rural Bank of Datu […]
Read MoreThe Council for the Development of Cambodia (CDC) has just approved three new investment projects worth almost $15 million that will create more than 4,000 jobs. A final registration certificate has been approved for Shining Fashion Industrial Co Ltd to set up a garment factory at Trapeang Peuk village in Peuk commune, which is in […]
Read MoreJakarta (ANTARA) – Bank Indonesia has forecast 0.01 percent monthly inflation in August 2021 in view of the price development of cooking oil, tomato, chicken egg, and cigarette. “With that development, the year-to-date inflation is projected to be around 0.82 percent while the year-on-year inflation will be around 1.57 percent for August 2021,” executive director […]
Read MoreThe Employers’ Confederation of Thai Trade and Industry (EconThai) welcomes the government’s easing of lockdown measures starting on Wednesday because relying on a lockdown alone will not flatten the Covid-19 infection curve. Authorities should follow the US, the UK and Japan as a model for how to co-exist with the pandemic, said Tanit Sorat, vice-chairman […]
Read MoreMANILA, Philippines — The Philippines remains a laggard in the Association of Southeast Asian Nations (ASEAN) in terms of real gross domestic product (GDP) growth despite the strong double-digit expansion in the second quarter of the year, according to the DBS Bank Ltd. of Singapore. In a report, DBS said most member countries of the […]
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