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Vietnam stock market among world’s best performers in Jan-May

The rising of domestic capital flow would boost the local market’s resilience against external shock and ensure sustainable growth. In addition to the index’s strong growth, market liquidity has been improved in the past months with an average transaction value of over VND20 trillion (US$865 million) per session. Chairman of the SSI Securities Corporation (SSI) […]

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Thailand: Price of new computers on the rise

New computer models are seeing an uptick in price following the global shortage of semiconductors and a surge in demand for IT devices used for remote work and study, according to IT device distributors. Somsak Pejthaveeporndej, chief executive of VST ECS Thailand, said the world faces a shortage of components such as integrated circuits used […]

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Moody’s unit turns gloomy on Philippines’ struggle to exit pandemic

MANILA, Philippines — A sluggish vaccination program and a “decentralized” healthcare system is delaying the Philippines’ economic comeback, with growth prospects for this year turning bleaker as the country struggles to contain an unexpected flare-up of coronavirus cases. From its previous forecast of 6.3% annual growth for 2021, Moody’s Analytics slashed its gross domestic product […]

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Indonesian unicorns unite

The recent mega-merger of the Indonesian super-apps Gojek and Tokopedia — essential fixtures in the daily lives of tens of millions of people — has lent new urgency to the need for better personal data protection in the country. Analysts say the biggest business tie-up in Indonesian history should prompt lawmakers to speed up deliberation […]

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