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Vietnam ranks second in Asia for pork consumption

Vietnam is likely to rank second in Asia this year in terms of pork consumption, according to the Organization for Economic Co-operation and Development (OECD). The reopening of restaurants, schools and factories in localities following a long suspension due to the Covid-19 pandemic has boosted demand. This has been further fuelled by the recovery of […]

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Myanmar to resume issuing tourist e-visas starting on Sunday

YANGON (XINHUA) – Myanmar will resume accepting tourist e-visa applications starting on Sunday (May 15), more than two years after the country suspended all new e-visa applications due to the Covid-19 pandemic. “Our Online e-Visa service will resume with effect from May 15, 2022, for tourist visa applications,” the Immigration and Population Ministry said on […]

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Goldman predicts Thai interest rate hike in Sept

Hawkish expectations in Asia’s emerging markets are piling up as traders become increasingly convinced that central banks in the region cannot ignore the threat of domestic inflation any longer. Goldman Sachs Group Inc is one of the latest banks to now see an “imminent” lift-off in rates in several Asian markets, including Thailand. The region’s […]

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Philippine economy grows 8.3% in Q1, beating expectations

MANILA, Philippines — The Philippine economy managed to post a stellar growth in the first quarter, smashing expectations despite the Omicron onslaught at the start of the year. Gross domestic product, the sum of all products and services created in an economy, grew 8.3% year-on-year in the first three months of the year, the Philippine […]

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