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Vietnam is fifth most open economy in Asia

Vietnam ranks as the fifth most open economy in Asia out of 37 nations evaluated by Fitch Solutions in its Vietnam Trade & Investment Risk Report. Economic openness assesses the risks posed to businesses and investors looking to enter the market, assessing its overall openness to foreign direct investment and its attractiveness as an investment […]

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Philippines: BSP allows 6 digital banks to operate

THE Bangko Sentral ng Pilipinas (BSP) said it has allowed a total of six digital banks to operate in the Philippines. BSP said in a statement that it recently granted two different banks certificates of authority (COAs) to operate in the country. The most recent beneficiaries were GoTyme Bank Corp. (GTYME) and UnionDigital Bank Inc. (UDB). The central […]

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Myanmar makes $800m from April-July gas exports

Military-ruled Myanmar earned US$800 million from natural gas exports mainly to China and Thailand between April and July, the junta said in the state newspaper on Thursday. The country has been embroiled in chaos since the military overthrew an elected government in a coup early last year and the economy has all but collapsed. The […]

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Thailand: Domestic car sales soared in July

Car sales in Thailand jumped 22.1% in July from a year earlier to 64,033 units, helped by an easing of Covid-19 curbs and last year’s low base, the Federation of Thai Industries said on Thursday. That compared with June’s 4.58% year-on-year increase.  Source: https://www.bangkokpost.com/business/2376780/domestic-car-sales-soared-in-july

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