The Ministry of Finance has advised the Government to launch a demand stimulus package through an interest-rate subsidy, worth VND20 trillion a year and VND40 trillion for two years. Minister of Finance Ho Duc Phoc said on November 9 that the 2021 state budget collection and expenditure tasks have been fulfilled with collections exceeding the […]
Read MoreThe new Law on Investment will be a crucial tool as the Kingdom pushes ahead with post-Covid-19 economic recovery plans, and help lay the groundwork to maximise benefits from free trade agreements (FTA), according to Cambodia Chamber of Commerce (CCC) president Kith Meng. He made the remark at a virtual workshop on the law, organised […]
Read MoreMany retailers in HCM City have adapted after strict social distancing measures, combining local and foreign brands. At the same time, the launch of new brands contributes to attracting customers after prolonged closures. The Business Association of High-Quality Vietnamese Products has cooperated with Japan’s Uniqlo chain to bring local agriculture products from the ‘Green Market’ programme […]
Read MoreThailand’s Monetary Policy Committee (MPC) on Wednesday unanimously voted to maintain the policy rate at 0.5 per cent, MPC secretary Piti Disyatat said. He added that the decision was based on the fact that the Thai economy had bottomed out in the third quarter of this year and entered recovery phase following the relaxation of […]
Read MoreSINGAPORE: Southeast Asia’s internet economy is forecast to reach US$1 trillion by 2030, as tens of millions more people take up online shopping and embrace food delivery, according to an industry report released on Wednesday. The report, by Alphabet’s Google, Singapore state investor Temasek Holdings and global business consultants Bain & Company, said the region […]
Read MoreKUALA LUMPUR, Nov 10 — Kenanga Investment Bank Bhd has revised its forecast for Malaysia’s 2021 manufacturing production upwards to 8.5 per cent from 7.0 per cent projected earlier, driven by an expected surge in domestic demand. The revision was made following the rebound in the country’s Industrial Production Index (IPI) for September, where it grew by 2.5 per […]
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