Building smart homes is the way to go for local property developers to lure buyers. The total value of the smart home device market is estimated at US$123 million per year in Vietnam while the penetration rate is expected to be less than 10% in 2021. This potential is being untapped by home developers in […]
Read MoreMANILA, Philippines — Foreign trade continued its ascent in September, albeit at a slower pace, as demand stood firm against pandemic curbs then. What’s new External trade grew 16.9% year-on-year to $17.35 billion in September, the Philippine Statistics Authority reported Friday. This was slower than the 25.3% annual growth rate in August, and a turnaround […]
Read MoreMyanmar jade traders are running from junta troops and dodging rebel attacks to sell dwindling volumes of the green gemstone, as the billion-dollar industry loses its shine months on from the coup. The Southeast Asian country has been mired in chaos since the February putsch, with the military trying to crush widespread democracy protests and […]
Read MoreNov 5 (Reuters) – Indonesia’s rupiah slumped on Friday after data showed the country’s third quarter economic growth missed expectations, as most Asian currencies eyed weekly losses following the U.S. Federal Reserve’s unveiling of its stimulus tapering plan. The rupiah weakened 0.4% to lead losses after Southeast Asia’s largest economy’s quarterly GDP growth slowed to […]
Read MoreBilateral trade between Cambodia and Thailand reached $5.97 billion in the first nine months of 2021, surging by 18 per cent year-on-year from $5.08 billion despite disruptions caused by the community spread of Covid-19 in the two ASEAN nations, according to a report from the Cambodian embassy in Bangkok. In January-September, Cambodia’s exports to Thailand […]
Read MoreThanks to strong fundamentals, Vietnam’s economy would gradually rebound at least for the coming six months until its momentum becomes stronger in the second half of 2022. Vietnam created both macroeconomic and social stability which would encourage more foreign investment as investors love the predictable environment. Warrick Cleine, Chairman and CEO of KPMG Vietnam and […]
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Thailand
