The Vietnam Maritime Administration (VMA) plans to set up a working group to inspect the hike in freight rates among shipping companies that have routes to Europe and America. In a recent interview with Vietnam News Agency, deputy head of the VMA Hoang Hong Giang said the move aimed to remove difficulties for export activities and […]
Read MoreBANGKOK: Thailand’s stock market has never been busier as a growing number of people join a global surge of individual traders chasing returns. Average daily trading turnover jumped to 99 billion baht (US$3.3bil) this month through last Wednesday, set for a monthly record, according to data compiled by Bloomberg. Transactions by individuals this month made […]
Read MoreThailand’s economy is expected to endure greater risks next year because of higher limitations on fiscal and monetary stimulus, says Standard Chartered Bank (Thai). GDP is expected to expand by 3.1% this year, but will tumble to 2.5% growth in 2022, said the bank. This forecast conflicts with assessments made by other research houses and the […]
Read MoreMANILA, Philippines — Just when the economy is starting to heal from pandemic-induced wounds, an old enemy appears to be making a comeback to spoil a fragile recovery: inflation. The year potentially started with inflation breaching the Bangko Sentral ng Pilipinas’ (BSP) 2-4% target for the year, complicating a slow grind toward full economic rebound […]
Read MorePETALING JAYA: Moody’s Investors Service’s move to affirm Malaysia’s A3 rating is testimony to the government’s strong fiscal discipline and robust medium-term growth prospects amid the Covid-19 pandemic, Tengku Datuk Seri Zafrul Tengku Abdul Aziz says. The Finance Minister said yesterday the rating agency acknowledged Malaysia’s economic prospects due to the earnest containment measures, including […]
Read MoreTHE mood among Singapore businesses has turned positive again, with more companies now expecting business prospects to improve than to worsen. Headline outlook for the first half of 2021 was a turnaround from the gloom seen last year, according to official quarterly surveys out on Friday. But the mood under the hood was patchy, with […]
Read More
Thailand
