Foreign retail businesses are adopting a multi-channel sales strategy as well as improved operations and delivery services to expand Vietnam operations despite pandemic impacts. Huynh Le Minh Tu, deputy director of the HCM City Department of Industry and Trade, said that with a population of more than 90 million and increasing living standards, the retail […]
Read MoreThe baht is emerging as an unlikely haven in developing Asia as optimism about the nation’s tourism sector buoys inflows. The region’s worst-performing currency in 2021 has vaulted to the top of the rankings this year on bets that a quarantine-free visa programme will kick-start the travel industry. That’s limiting the fallout from geopolitical risks […]
Read MoreJakarta (VNA) – The Finance Ministry of Indonesia has raised its tax revenue target for 2022 to 9.3 – 9.5 percent of GDP, banking on the implementation of new tax regulations and continued economic recovery. Febrio Nathan Kacaribu, head of the ministry’s Fiscal Policy Agency, said the target is higher than the 9.11 percent achieved last year, noting that this target took into account […]
Read MoreSINGAPORE’s aviation authority is developing a blueprint to guide its effort in developing a sustainable air hub, and this will be supported by a 20-member international advisory panel, Transport Minister S Iswaran said on Tuesday (Feb 15). While the Republic has been involved in several initiatives towards sustainability of the global international aviation system, including […]
Read MoreASIA-PACIFIC (APAC) coal prices are expected to moderate in 2022 as the Indonesian government lifts the coal export ban, Fitch said. The ban on coal exports in January 2022 has led to a rebound in APAC thermal coal prices but it will be short-lived, the research house said. In a report released on Feb 14, […]
Read MoreThe Thai baht opened at 32.44 to the US dollar on Tuesday, strengthening from Monday’s close of 32.53, the highest in five months. The Thai currency is likely to move between 32.35 and 32.55 during the day, Krungthai Bank market strategist Poon Panichpibool predicted. He said the baht may stop strengthening and swing sideways because […]
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