The Hanoitimes – Assuming there is no further massive outbreak domestically, it is expected the recovery to extend further in the fourth quarter. Despite lowering Vietnam’s GDP forecast in 2020 from 3.5% to 2.8%, Singapore-based United Overseas Bank (UOB) has raised its prediction for the country’s economic growth in 2021 from 6.6% to 7.1%. While the […]
Read MoreThe COVID-19 pandemic has had a major impact on the Indonesian economy. However, a recent survey by a job portal provides a glimmer of hope for those looking for new opportunities during the health crisis. According to Statistics Indonesia (BPS), 82.85 percent, or roughly eight out of 10, companies have experienced a decrease in revenue […]
Read MoreKUALA LUMPUR: Overall foreign portfolio inflows almost doubled to RM4.6bil in the third quarter ended Sept 30 this year (3Q20) compared with RM2.4bil in 2Q20, says United Overseas Bank (Malaysia) Bhd global economics & markets research. UOB Malaysia senior economist Julia Goh said this increase was despite moderating foreign flows into Malaysia’s bond market and […]
Read MoreThe government’s latest 30,000-baht tax break, offered to taxpayers buying goods and services, is expected to boost Thailand’s electrical appliance market to more than 200 billion baht in value. Executives at retailers and appliance companies such as Power Mall, Toshiba, Sony and Sharp share the belief that the latest tax incentive will stimulate consumer spending […]
Read MoreThe country’s economic forecasts are unlikely to be revised down further this year despite Thai stocks looking bearish in the fourth quarter, says Asia Plus Securities. ASP recommends that investors accumulate stocks before the SET index’s expected recovery next year to a target of 1,450-1,526 points (based on a price-to-earnings ratio of 20-21 times). Therdsak […]
Read MoreVietnamese companies have been stepping up investment to boost rice exports to Europe – however, it remains a challenging task penetrate the market efficiently. On September 22, Loc Troi Group JSC exported the first batch of 126 tonnes of fragrant rice to the EU. To reach this, LocTroi upped its planting methods and quality control […]
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Thailand
