At the end of 2021, outstanding Government bonds and corporate bonds comprised 71.3% and 28.7% of the local bond market, respectively. Vietnam’s local currency (LCY) bond market grew 9.8% quarter-on-quarter to reach VND2,089.1 trillion (US$91.5 billion) at the end of 2021, and annual growth expanded by 25.5%, according to the latest report of the Asian Development […]
Read MoreIn a bid to help stimulate the tourism industry, Prime Minister Prayut Chan-o-cha is urging people to go on working holidays as part of the “Workation Paradise Throughout Thailand” campaign. Government spokesman Thanakorn Wangboonkongchana said on Sunday that the campaign is being launched with the economy and public health in mind. He said the Tourism […]
Read MoreMANILA, Philippines — Meat importers are reiterating their support for a proposal to lower tariff rates on pork imports, stressing that the Ukraine-Russia conflict has already caused increases in the cost of production and transport of meat globally. In a letter to Tariff Commission chairperson Marilou Mendoza, the Meat Importers and Traders Association (MITA) said […]
Read MoreThe Rubber Authority of Thailand (RAOT) expects the rubber price in the second quarter to remain stable at Bt63 to Bt65 per kilo. However, the price would also depend on developments in the Ukraine-Russia conflict, RAOT governor Nakorn Tangavirapat told the Thansettakij news outlet. Athiwee Daengkanit, RAOT’s research and development director, said the price was […]
Read MoreDespite adverse COVID-19 impacts on the global economy, Vietnam’s selective investment attraction policy with priority to high-quality projects has proved effective, according to experts. This year is forecast a good year for foreign direct investment (FDI) attraction, as Vietnam is securing its image as a safe, attractive and promising destination for foreign investors. Do Nhat Hoang, […]
Read MoreMANILA, Philippines — The significant upgrade in inflation forecast for 2022 just made it harder for the Bangko Sentral ng Pilipinas (BSP) to move toward normalization, according to international think tank Pantheon Macroeconomics. In a report, Pantheon Macroeconomics said the BSP may keep rates on hold for the rest of 2022. This after the BSP […]
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Thailand
