The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) finished last week at 1,334.65 points, while the HNX-Index on Ha Noi Stock Exchange (HNX) settled at 343.42 points. The stock market gained for three straight sessions before the National Day holiday, which was different from the previous holidays when investors tended to take […]
Read MoreMANILA, Philippines — The government more than doubled its borrowings in July, bringing the country’s outstanding debt to a new record high of P11.61 trillion, the Bureau of the Treasury said. Based on records, the government hiked its gross borrowings to P337.14 billion in July, a 150.6-percent increase from P134.53 billion a year ago. Domestic […]
Read MoreThe ringgit was trading higher against the US dollar early today, still riding on positive investors’ sentiment tracking Malaysia’s manufacturing Purchasing Managers’ Index (PMI) which climbed to 43.4 last month from 40.1 in July 2021. The local note was continuing last week’s uptrend versus the greenback. In terms of weekly appreciation, the ringgit rose by […]
Read MoreMANILA, Philippines — New York-based think tank Global Source Partners lowered anew its 2021 gross domestic product (GDP) growth forecast for the Philippines to 3.5 percent, slower than the revised four to five percent target set by the Development Budget Coordination Committee (DBCC). In a report written by economists Romeo Bernardo and Marie Christine Tang, […]
Read MoreThe government needs to revamp investment privileges to support the smooth development of three new economic corridors that are instrumental to increasing investment and rehabilitating the economy over the next 5-6 years, says a central planner. According to Anek Memongkol, deputy secretary-general of the National Economic and Social Development Council, the Northern Economic Corridor (NEC), […]
Read MoreE-commerce platforms have resumed deliveries in HCM City and some of the city’s extremely high risk areas (red zones) since August 30, a week after they were banned. Shopee told Viet Nam News: “Following the instructions allowing shippers to resume operations under certain conditions, Shopee has swiftly co-ordinated with our shipping partners to increase the number […]
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Thailand
