KUALA LUMPUR: The country’s headline inflation is anticipated to temporarily spike to above 5.0 per cent in the second quarter of this year due to a lower base from low fuel prices in the corresponding quarter of 2020, and average to between 2.5 per cent and 4.0 per cent for 2021. Headline inflation, which measures […]
Read MoreCambodia ranked number 176 in the world in an index measuring the best places in the world to launch a tech startup, according to the first Draper Innovation Index (DII). Thailand ranked 71, Vietnam scored 160 and Laos 220. Two of the top three regions were in Asia, with Singapore ranking second and Hong Kong […]
Read MoreMANILA, Philippines — The government’s budget shortfall widened to P116 billion in February as pandemic response expenditures outpaced revenue collections by a wide margin, according to the Bureau of the Treasury (BTr). The latest budget deficit figure was more than three times the P37.6 billion shortfall in the same period last year, driving the year-to-date […]
Read MoreMany Vietnamese exporters have seen a sudden increase in profits during the COVID-19 pandemic. VRG Khai Hoan JSC said it was in a state of full capacity and often had to refuse orders. The company’s orders were only enough to run 70-80 per cent of factory capacity before 2019. When the COVID-19 pandemic started last year, […]
Read MoreThe Mall Group is set to return to digital commerce after 15 years by using its offline expertise to build a complete omnichannel experience under a three-year strategic roadmap. Supaluck Umpujh, the company’s chairwoman, said the digital commerce strategy, which will target Thai shoppers will resume next Wednesday after the company had put online shopping […]
Read MoreThe representative of the Japan International Cooperation Agency (JICA), Shinohara Yuji, said recently he believed that the use of local currency in Cambodia would keep growing, particularly after COVID-19. Yuji stated that the increased usage of riels in the market gives the National Bank of Cambodia (NBC) more control of the nation’s financial challenges. The […]
Read More
Thailand
