After a sluggish GDP performance in the first quarter this year, Việt Nam is still not out of the woods yet. In particular, it has not seen the light at the end of the tunnel on the trade front, according to HSBC’s report. HCM CITY — After a sluggish GDP performance in the first quarter […]
Read MoreMANILA, Philippines — Economists expect gross domestic product (GDP) growth in the first quarter to slow down sharply from 8.2 percent a year ago as elevated inflation and higher interest rates reined in consumer spending and capital formation. Alvin Ang, chair of the Department of Economics at the Ateneo de Manila University, said GDP expansion […]
Read MoreThe controversy about a 1,000-baht departure tax on outbound Thais and foreign residents is only a legally obliged opinion survey and the tax will not be imposed, the Revenue Department said. Winit Wisetsuwannaphum, deputy director-general of the department, said on Sunday that the department did not plan to impose the departure tax of 1,000 baht for outbound flights […]
Read MoreThe State Bank of Vietnam (SBV) has recently issued two circulars to support businesses and the real estate market in particular. HÀ NỘI — The State Bank of Vietnam (SBV) has recently issued two circulars to support businesses and the real estate market in particular. The SBV on April 24 issued Circular No 02/2023/TT-NHNN that provides […]
Read MoreMANILA, Philippines — New York-based GlobalSource Partners now expects inflation to settle within the 5.5 to six percent range, after easing to an eight-month low of 6.6 percent in April. GlobalSource country analyst for the Philippines Romeo Bernardo said the latest inflation projection for 2023 was lower than the think tank’s forecast three months ago. […]
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Thailand
