MANILA, Philippines — The Philippine Economic Zone Authority (PEZA) is targeting a seven percent uptick in approved investments in economic zones this year as it expects a new law that introduces changes to the incentives system would make the country more attractive to investors. In a press conference yesterday, PEZA deputy director general Tereso Panga […]
Read MoreSINGAPORE – With Singapore’s economic recovery set to pick up pace in the second half of 2021, the financial sector is also on its way for another year of robust growth, the central bank said as it released its annual report on Wednesday (June 30). The Monetary Authority of Singapore (MAS) estimates the financial services sector […]
Read MoreVinh Hoan’s export sales to the US have seen a strong recovery in recent months. Vinh Hoan Corporation and Nam Viet, two Vietnamese exporters, enjoy a zero anti-dumping duty on pangasius from Vietnam to the US market in the 16th review (POR16) of the US Department of Commerce (DOC). The final results of the POR16 […]
Read MoreWith the consumer price index (CPI) increasing by 1.47% during the first half of the year, the lowest rise since 2016, it remains entirely feasible for the country to keep inflation below 4% this year. Nguyen Thi Huong, general director of the General Statistics Office (GSO), unveiled this information during a press conference held on […]
Read MoreThe baht opened at 32.11 to the US dollar on Wednesday, weakening from Tuesday’s closing rate of 32.02. The Thai currency is likely to move between 32.05 and 32.20 during the day, Krungthai Bank market strategist Poon Panichpibool said. The most important factor influencing the direction of the baht is the Covid-19 situation in Thailand […]
Read MoreMANILA, Philippines — Singapore-based ASEAN+3 Macroeconomic Research Office (AMRO) further slashed its economic growth outlook for the Philippines this year as the country continues to face multiple downside risks in containing COVID-19. In a briefing yesterday, AMRO said it has lowered its gross domestic product (GDP) growth forecast to 6.4 percent from the 6.9 percent […]
Read More
Thailand
