MANILA, Philippines — Fitch Solutions Country Risk & Industry Research sees the peso strengthening further to an average of 47.50 to $1 next year from the projected average of 49.60 to $1 this year. The latest foreign exchange forecast of the research unit of the Fitch Group is stronger than the previous projection of 49.75 […]
Read MoreThe Federation of Thai Industries (FTI) supports the state plan to register all migrant workers and better manage their data records in response to the surge of Covid-19 infections among foreign workers. The move is part of efforts to cope with illegal entry of foreign workers into Thailand amid a growing worry over the spread […]
Read MoreThe Council for the Development of Cambodia (CDC) has issued investment certificates to NS Industrial Co., Ltd., and Lonso (Cambodia) Garment Co., Ltd., to invest in the production of cardboard boxes and clothes. The two new projects, with a total investment capital of $6.4 million, will be located in Khan Pursenchey, Phnom Penh capital, and […]
Read MorePETALING JAYA: While Malaysia is expected to escape deflation in 2021 and see increased price pressures in the coming months, experts think Bank Negara may avoid tightening the country’s monetary policy settings next year. According to CGS-CIMB Research, policymakers at the central bank are likely to remain cautious due to the uneven economic recovery. As […]
Read MoreThe Hanoitimes – Prime Minister Nguyen Xuan Phuc has allowed localities to use state capital and social resources to upgrade eight border gate economic zones in the period 2021-25. Prime Minister Nguyen Xuan Phuc has agreed on the plan to select eight border gate economic zones as investment priorities for the 2021-25 period. These include border […]
Read MoreNew local transmissions from Samut Sakhon province, the epicentre of the current Covid-19 outbreak, have slowed alternative state quarantine (ASQ) bookings as foreigners waver on whether to wait until the situation is resolved. “After the new surge, hotel bookings for ASQ facilities dropped, but the situation is not serious,” said Teeranat Phaoharuhan, vice-president of the […]
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