vn03
Read More

Vietnam: Why are interest rates picking up?

The first half of the year saw interest rates edging up 0.5-1 percentage point against the end of last year. Liquidity in the banking system was blamed for interest rate hikes. The first-half demand for credit grew a staggering 9.35 % against the beginning of the year while the rise in deposits was nearly 4.51%, […]

Read More
cam03
Read More

RCEP deepens industrial ties between ASEAN countries

Nanning (Xinhua) – At a leading paper factory in south China’s Guangxi Zhuang Autonomous Region, a production line was running at full steam as orders from ASEAN countries surge this year. “Nearly 90 containers filled with white cardboard produced by the factory are shipped through Qinzhou port every day to ASEAN markets and the number keeps […]

Read More
logo
Read More

Philippines: Factory activity slows in July

MANILA, Philippines — The country’s factory activity slowed down in July as higher prices and global uncertainties dampened demand for products. S&P Global Market Intelligence said in a report released yesterday that the country’s purchasing managers’ index (PMI) fell to 50.8 in July from 53.8 in June. The latest reading remained above the 50-no change […]

Read More
th03
Read More

Thailand: Carriers wary despite drop in fuel price

Despite a downward trend in fuel prices, airlines remain cautious about energy costs and still have to maintain low fare promotions to sustain travel demand. Tassapon Bijleveld, acting chief executive of Thai AirAsia X, said the situation regarding fuel prices has seen a gradual improvement which benefitted operational costs. However, the current price is still […]

Read More