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Thailand: Credit Suisse details long-term trends

Credit Suisse, a Switzerland-based investment bank and financial services firm, issued an analysis of long-term global trends that can lead to advantageous business and investment opportunities, such as ageing populations, infrastructure and technology. In its publication, the bank recognised six long-term equity “super-trends”, comprising infrastructure, technology, anxious societies, silver economy, millennial values, and climate change. […]

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More int’l firms plan to shift to Vietnam: German press

Not only foreign trade and manufacturing are booming, but Vietnamese domestic tourism is also gradually picking up. Vietnam remains a regional manufacturing hub in electronics, textiles, and footwear, with a growing number of international companies planning to shift their supply chains to Vietnam. The Finanzmarktwelt (Germany) quoted Tim Lee Lahaphan, an economist at Standard Chartered […]

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Laos: Spiralling inflation causing increasing hardship

The Asian Development Bank has predicted that the annual average rate of inflation in Laos will jump to 5.8 percent in 2022 and 5.0 percent in 2023. Inflation will be driven by higher oil prices, rising domestic demand, and the continuing depreciation of the kip, according to the ADB’s Asian Development Outlook (ADO) 2022. The […]

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Shinhan Financial to acquire 10% stake in Vietnamese e-commerce Tiki

Vietnam’s e-commerce startup Tiki is expected to be Shinhan Financial’s first strategic partner in the Southeast Asian country. South Korea’s Shinhan Financial Group will acquire a 10% stake in the Vietnamese e-commerce company Tiki through its two subsidiaries to become the latter’s third-largest shareholder. Under the agreement, Shinhan Bank and Shinhan Card, the group’s two […]

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