Moody’s Investors Service has raised ratings of 12 Vietnamese banks following its upgrade of Vietnam’s sovereign rating to Ba2 from Ba3. Moody’s has upgraded the long-term local (LC) and foreign currency (FC) deposit and issuer ratings of eight banks by one notch (Vietcombank, BIDV, OCB, SeABank, TPBank, Agribank, VIB, VietinBank) and the LC and FC […]
Read MoreThe Cambodian Women Entrepreneurs Association (CWEA) said that e-Commerce in Cambodia is set to grow rapidly with the ease of doing business in the Kingdom. Entrepreneurs explained that the e-commerce sector has boomed in the country in recent years thanks to the rapid development of technologies, the fast growth of Internet users, and the COVID-19 […]
Read MoreMALAYSIA’S trade chief recommended giving the South-east Asian economy more time to recover from the shock of the Covid-19 pandemic before holding a general election in order to prioritise helping its citizens. An early election has yet to be brought up in Prime Minister Ismail Sabri Yaakob’s cabinet, but aides had discussions and want to […]
Read MoreThirty percent of surveyed businesses have fewer than 10 percent of workers with sufficient English skills, which is considered a serious problem in the labor market. The survey on recruitment trends in Q3 and Q4 2022 released by ManpowerGroup Vietnam shows that 61 percent of polled businesses intend to increase recruitment activities from now to […]
Read MoreThe Bank of Thailand’s Puey Ungphakorn Institute for Economic Research (Pier) forecasts the country’s high inflation rate will unravel naturally in the medium to long term because rising inflation is mainly a result of specific factors rather than macroeconomic issues. According to Pier’s research on the country’s rate of inflation, the specific factors represent 85% of […]
Read MoreCambodia exported 389,000 tonnes of milled rice from January to August 2022, netting more than $242.80 million. The update was shared yesterday by the Cambodia Rice Federation, stressing that the total milled rice export increased over 13 percent compared to the same period in 2021. Of the Cambodian milled rice exported, 65.8 percent were all […]
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