Vietnam has a large percentage of broadband internet subscribers, with rates among the cheapest in the world. According to the Department of Telecommunications (Ministry of Information and Communications), as of October 2021, Vietnam had more than 18.8 million fixed broadband Internet subscribers. According to the International Telecommunication Union (ITU), the fixed Internet unit price/per capita […]
Read MoreCambodia ranked third in real income gains and export growth under the Regional Comprehensive Economic Partnership (RCEP) free trade agreement, showed a recent research paper by the World Bank. Titled “Estimating the Economic and Distributional Impacts of the Regional Comprehensive Economic Partnership”, the report said Cambodia came in third after Vietnam and Malaysia in terms […]
Read MoreMANILA, Philippines — Economists are expecting an uptick in inflation due to rising global oil prices amid Russia’s invasion of Ukraine. Ruben Carlo Asuncion, chief economist at Union Bank of the Philippines, said inflation in February would likely accelerate to 3.4 percent after easing to a 15-month low of three percent in January. Asuncion said […]
Read MoreExperts said a law on bad debt settlement should be put in place before two regulations expire in six months. Can Van Luc, chief economist at BIDV, is concerned that Circular No.14 and Resolution No.42, which regulate bad debts in the banking system, will soon expire. He believes a law on bad debt settlement should […]
Read MoreThe government should offer another temporary excise tax cut of three baht on benzine to ease the financial burden from soaring global oil prices caused by the Russia-Ukraine clash, says a Thammasat University economist. The Dubai reference price stood at US$98.8 a barrel on Thursday as news of the Russian invasion spread. The price in […]
Read MoreCambodia and south China’s Guangxi Zhuang Autonomous Region have signed a memorandum of understanding on trade promotion, aiming at further boosting bilateral trade volume, the Cambodian Commerce Ministry said in a statement on Friday. The deal was inked on Thursday via video link between the Commerce Ministry’s general directorate of trade promotion and the Guangxi […]
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Thailand
