Vietnam is becoming increasingly more and more attractive in the eyes of foreign retail giants. Despite global fluctuations some big international retailers are making ambitious plans to expand their foothold in the Vietnamese market, mainly due to a stable growth structure in Vietnam. Key market for retailers When referring to big foreign retailers in Vietnam […]
Read MorePrice index seen spiking up to 9.3% in December MANILA, Philippines — Inflation may hit up to 9.3 percent in December and remain elevated until the first quarter of next year given high global commodity prices and the lingering impact of recent typhoons, economists said. In an interview with ‘The Chiefs’ on One News, Jonathan […]
Read MoreChinese nationals are still the biggest buyers of property in Thailand, with more than 2,000 units transferred in the second quarter of 2022 alone. Wichai Wirattaphan, acting director of the Real Estate Information Centre, said recently that 2,326 units were transferred to Chinese buyers in the second quarter of this year, up by 27.6% year on […]
Read MoreRetailers in Vietnam have drawn up sales plans and rolled out promotional programmes to better meet year-end purchasing power of local people. According to the General Statistics Office (GSO), local purchasing power had strongly rebounded in the past 10 months of 2022. This positive recovery is expected to drive retail market growth in the last […]
Read MoreMANILA, Philippines — Foreign trade climbed up in September as exports picked up amid a growing import bill, resulting in a smaller trade deficit. The Philippines’ external trade grew 11.3% year-on-year to $19.14 billion in September, data from the Philippine Statistics Authority released Friday showed. This was slower compared to the 15% annual growth rate […]
Read MoreAsia’s strong economic rebound early this year is losing momentum, with a weaker than expected second quarter. The International Monetary Fund has cut growth forecasts for Asia and the Pacific to 4% this year and 4.3% next year, which are well below the 5.5% average over the last two decades. Despite this, Asia remains a relative […]
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