The average annual income of overseas Vietnamese workers is VND200 million and guest workers send $10 billion a year to relatives in Vietnam. However, labor quality remains problematic. A recent interview with former Israeli Prime Minister Ehud Barak left deep impressions on me. When asked what he would advise Vietnam to do to develop rapidly […]
Read MoreVIENTIANE:The Laos-China high-speed railway is expected to fulfil Laos’ ambition of becoming a major regional land link offering greater connectivity and better access to trade opportunities. Also known as the Vientiane-Boten railway, the 422km electrified railway is part of China’s Belt and Road Initiative. It runs between the Lao capital of Vientiane and Boten town in […]
Read MoreThe baht opened at 36.78 to the US dollar on Friday, weakening from Thursday’s close of 36.71. The currency is expected to move between 36.60 and 36.90 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. The currency is expected to move between 36.60 and 36.90 during the day, Krungthai Bank market strategist Poon […]
Read MoreTHAILAND’S exports are expected to rise between 6 to 8 per cent this year, compared with a previous forecast for a 5 per cent to 8 per cent increase, helped by a weak baht and increased global food demand, the national shippers group said on Tuesday (Aug 2). Exports, a key driver of growth, rose […]
Read MoreASIA’S factories continued to report weakening activity in July amid lingering supply chain complications and a slowing global economy. Purchasing managers’ indexes for South Korea and Taiwan took the biggest hit, according to S&P Global. South Korea’s July PMI slumped to 49.8 from 51.3 in June, its lowest reading since September 2020. New orders contracted and […]
Read MoreAN online portal that links up governments, developers and financiers has been launched by Infrastructure Asia, a government office set up by Enterprise Singapore and the Monetary Authority of Singapore to support infrastructure development. Announcing its launch at the Asia Infrastructure Forum on Tuesday (Aug 2), Second Minister for Finance Indranee Rajah said the portal […]
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Thailand
