In business activities, Vietnam is assessed to be competitive in terms of phone costs, labor costs, and operating costs compared to other countries in Asia. TMX, a business transformation consulting firm in Asia Pacific, has released a report providing insights into the average cost of doing business in Asia. The report focuses on assessing the […]
Read MoreMANILA, Philippines — The Philippine economy is expected to have recorded a significant bounce back in the fourth quarter last year amid better mobility and increased consumption. In its latest weekly brief, Capital Economics said the country’s gross domestic product (GDP) likely grew faster at 7.3 percent in the last quarter of 2020. The government […]
Read MoreThe exit of the energy giants TotalEnergies and Chevron from Myanmar’s billion-dollar gas industry has been hailed by rights groups, but analysts say it will not significantly weaken the generals and may even enrich the military in the short term. Both firms had faced pressure to cut financial links with the junta that toppled Aung […]
Read MoreKUALA LUMPUR: The ringgit opened flat against the US dollar today as investors opted for a wait-and-see attitude on the latest economic assessment by the US Federal Open Market Committee (FOMC) meeting, an analyst said. At 9 am, the local note stood at 4.1840/1875 versus the greenback from 4.1840/1870 at Friday’s close. Bank Islam Malaysia […]
Read MoreSome of the most radical practitioners of monetary easing are falling into line. The first two years of the pandemic were defined by ultra-low interest rates and a rare degree of experimentation to boost growth and steady markets. This wasn’t just a feature of advanced economies: Emerging markets also jumped into the fray. Few were […]
Read MoreThe government of Laos has banned the import of certain types of farm produce, livestock, and fish, hoping to spur domestic production. In an urgent attempt to promote domestic production and boost the economy, Laos has banned the import of certain types of agricultural produce, including livestock and fish, Vientiane Times reports. Crops that may no longer […]
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Thailand
