Regular international flights can be gradually resumed by the end of 2021 as the COVID-19 situation will improve in the second half of the year when vaccination is accelerated in Vietnam and in the world, the Civil Aviation Authority of Vietnam (CAAV) said in a report sent to the Ministry of Transport. CAAV statistics show […]
Read MoreMANILA, Philippines — The Philippines is ramping up its drive to further tighten anti-money laundering and terrorist financing regulations in an effort to be removed from the watchlist of global dirty money watchdog Financial Action Task Force (FATF) as early as January 2023. Bangko Sentral ng Pilipinas (BSP) Governor and Anti-Money Laundering Council chairman Benjamin […]
Read MoreKUALA LUMPUR: The ringgit opened slightly lower against the US dollar this morning as the oil price had declined amidst concerns that the spread of the COVID-19 Delta variant would ease demand for fuel, an analyst said. At 9.03 am, the local note declined to 4.1470/1500 versus the greenback from 4.1445/1495 at Monday’s close. At […]
Read MoreExport stocks in many industries are expected to gain from a 6% depreciation of the Thai baht since mid-May as the prospects of US economic recovery and an inflation rate hike has caused the US dollar to rise, according to KTBST Securities. Petrochemical, energy and material import stocks from businesses abroad face losses on the […]
Read MoreThe People’s Committee of Da Nang City has asked for the Prime Minister’s approval for the construction of three new industrial parks at a cost of more than VND15,000 billion (over $652 million). Pham Truong Son, Head of the Management Board of Da Nang Hi-Tech Park and Industrial Parks, told VietNamNet that the three new […]
Read MoreMANILA, Philippines — The Duterte administration can still afford to unleash a bigger pandemic stimulus, thanks to still “sufficient” fiscal space that the government should use to prevent a massive economic scarring. Although last year’s pandemic spending ballooned government debt, as a share of the economy, to 54.6% from a record-low 39.6% in 2019, it […]
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Thailand
