Consumption in Vietnam could grow by US$130 billion over the next decade as Asia continues to be the world’s consumption growth engine, a new report from McKinsey has revealed. Scale continues to be a key characteristic of the region’s consumption story, but a new chapter is being written based on the increasing diversity of the […]
Read MoreMANILA, Philippines — Foreign investors are back in the Philippine debt market in the second quarter, fueled by optimism over further reopening of the economy and low coronavirus caseloads at the time. Foreign investors’ exposure to government-issued bonds grew 0.2 percentage points quarter-on-quarter to 2.5% by end-June, the Asian Development Bank said in its quarterly “Asia […]
Read MoreThe Commerce Ministry’s new e-marketplace could be a big help to small and medium-sized companies (SMEs) that want to tap new foreign markets, according to DHL. The world’s biggest logistics company says the Coronavirus pandemic has presented challenges but also created opportunities for exporters as businesses and consumers focus more on online shopping. DHL Country […]
Read MoreJAKARTA : Indonesia’s central bank repeated a pledge keep interest rates low until there are signs of rising price pressures to support an economic recovery, Destry Damayanti, its senior deputy governor, told a parliamentary commission on Tuesday. Bank Indonesia’s next monetary policy review is scheduled for Sept. 20 to 21. The country’s inflation rate in […]
Read MoreLow-priced condos with attractive designs near job clusters or schools continue to be popular as price-sensitive demand is strong amid poor market sentiment, according to property consultant Colliers Thailand. Phattarachai Taweewong, Colliers’ director of research and communication, said demand for low-end condo units was on the rise during the first eight months this year as […]
Read MoreThe number of tourists travelling around Cambodia jumped by nearly a quarter between the first and second weekends of September. A total of 63,421 people toured the Kingdom on Saturday and Sunday, according to the Ministry of Tourism, up 24.25 percent compared with the first weekend of the month. Of the domestic visitors, 62,462 were […]
Read More
Thailand
