Although Thailand managed to avoid a place on the US watch list for currency manipulation, the Bank of Thailand is still wary on the matter after the US Treasury tightened its criteria, says the central bank’s chief. Thailand cannot afford to be overconfident and the central bank will continue monitoring the situation, said governor Veerathai Santiprabhob. […]
Read MoreSINGAPORE – Thanks to the rising popularity of food delivery services and e-commerce, demand for food factories in Singapore is expected to stay healthy, even though the demand will likely lag behind supply in 2019-2020, said Tricia Song, head of research for Singapore at Colliers International. Her comments on Wednesday (May 29) accompany the commercial […]
Read MoreThe Hanoitimes – These sectors include two emerging sectors in the form of fintech and e-commerce, and four traditional sectors, including education, green energy, healthcare & pharmaceuticals, transportation & logistics. Grant Thornton’s “Private Equity in Vietnam” report has revealed six attractive private equity investment sectors in Vietnam for 2019 and subsequent years. E-commerceVietnam’s e-commerce growth rate […]
Read MoreThe Internal Revenue Department (IRD) drafted a new income tax law with the help of International Monetary Fund (IMF) expert, U Min Htut, director general of Internal Revenue Department (IRD), told The Myanmar Times. He said the new legislation will modernise the rules and “effectively cover” different parts of the economy, catching up with international standards. […]
Read MorePETALING JAYA: The surprising move by the United States to include Malaysia in its currency manipulator watch list may be a tactic to subtly force Malaysia to import more from the world’s biggest economy. Sunway University Business School economics professor Yeah Kim Leng told StarBiz that this could be a strategy by the US to […]
Read MoreMANILA, Philippines — International credit rating agencies are still expecting economic growth of above six percent for the Philippines this year despite lowering their forecasts due to the slower-than-expected expansion in the first quarter. Christian de Guzman, senior credit officer at the sovereign ratings group at Moody’s Investors Service, said during the EJAP-Aboitiz Economy InFocus […]
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