While investment in concession operations and special economic zones dropped in Laos last year, the number of newly registered businesses has increased significantly, a new report has unveiled. The value of authorised investment in concession projects dropped from US$7.39 billion in 2020 to only US$2.41 billion in 2021 and US$2.14 billion in 2022, according to […]
Read MoreAgencies have recently launched fiscal and monetary policies expected to serve as a strong push to help the economy escape the risk of growth decline. On May 24, the State Bank of Vietnam (SBV) said the agency released Directive No 2 on strengthening lending, adjusting debt payment deadlines and keeping debt groups unchanged in an […]
Read MoreEconomists are concerned about a weakening Chinese economy, saying the mainland’s shaky recovery from the pandemic has pressured regional stock markets and the Thai economy. China’s manufacturing purchasing managers’ index (PMI), which fell to a five-month low of 48.8 last month, was among the major reasons Asian stock markets declined on Wednesday, along with a dimming […]
Read MoreMANILA, Philippines — The government increased its infrastructure spending to almost P200 billion in the first quarter, mainly to finance road and rail projects, the Department of Budget and Management (DBM) said. Based on the latest national government disbursement performance report of the DBM, state infrastructure expenditure and other capital outlays inched up by 7.3 […]
Read MoreThe State Bank of Vietnam (SBV) has, for the third time this year, decided to ease some operating interest rates in an effort to force down commercial lending interest rates. The business community has been waiting for interest rates a long time. The operating interest rate has been reduced by another 0.5 percent per annum, […]
Read MoreTHAILAND’S central bank raised its key interest rate by 25 basis points for a sixth consecutive meeting on Wednesday (May 31), to curb inflation risks as its economic recovery gathers strength against rising global uncertainties. The Bank of Thailand’s (BOT) monetary policy committee voted unanimously to raise the one-day repurchase rate to 2.00 per cent. Of […]
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