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Philippines: Inflation seen easing despite IMF concern

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) and economists expect inflation easing toward the end of the year until next year despite the warning of the International Monetary Fund (IMF) that elevated consumer prices could hang around longer in some countries. After staying above the central bank’s two to four percent target, BSP […]

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Vietnam: Garment exports likely to reach $38 bln

Vietnam may gain $6 billion from garment and textile exports in November and December, totaling $38 billion in this year’s turnover, stated Vietnam Textile and Apparel Association (VITAS). Thanks to loosened social distancing in October, the country’s garment and textile production, especially in Ho Chi Minh City and other southern localities, quickly recovered, with over […]

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