SINGAPORE: Asian markets risk a reprise of crisis-level stress as two of the region’s most important currencies crumble under the onslaught of relentless dollar strength. The yuan and yen are both tumbling due to the growing disparity between an uber-hawkish Federal Reserve and dovish policy makers in China and Japan. While other Asian nations are […]
Read MoreThe Bank of Thailand will implement an amended guideline on responsible lending within this year to improve borrowers’ debt repayment ability as a part of continued efforts to contain household debt. The amended guideline will cover the full range of areas of household debt procedures, including before loan application, during the loan repayment period and in the […]
Read MoreThe visa process does not always go smoothly. Sometimes, it moves so slowly that some specialists cannot enter Vietnam on schedule, leading to production disruptions. A cumbersome visa process is holding back projects funded by foreign direct investment (FDI), according to insiders. Nguyen Xuan Thang, Chairman of Schaeffler Vietnam, said his company needed foreign specialists […]
Read MoreThailand’s digital services market is expected to be worth more than the hardware sector by the end of this year, with a value of 690 billion baht by 2024, according to a survey by the Digital Economy Promotion Agency (Depa) and research and technology training provider IMC Institute. The survey, conducted last year, examined the revenue […]
Read MoreThe Government needs to carefully evaluate the effectiveness of the petrol and oil price stabilisation fund in keeping the commodity’s retail prices stable before deciding to maintain or eliminate the tool, experts said. Vietnam is considering amending the Law on Price, which mentions several commodities under the Government’s price stabilisation scheme including petrol and oil. […]
Read MoreMANILA, Philippines — Wholesale prices of goods picked up at a faster rate in June from the previous month, with fuel and food posting the biggest increases, the Philippine Statistics Authority (PSA) said. According to the PSA, the annual growth rate of the General Wholesale Price Index (GWPI) in the country went up to nine […]
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