From Covid risks to talk of a reduction in US stimulus, there’s been no shortage of bad news for Asian currencies. An upcoming report on China’s manufacturing sector may add to the pressure. Traders are looking to Chinese factory data for clues on the global outlook after the world’s second-largest economy slowed more sharply than […]
Read MoreLatin America looks likely to take the lead over Southeast Asia in terms of economic growth this year, according to Moody’s Analytics. Economist Jesse Rogers, who covers Latin America and Asian emerging markets. He says Latin American economies have been boosted by the open-at-all-costs approach to the Coronavirus pandemic. “Though Delta’s rampage has occasioned only […]
Read MoreStrong economic recovery, which is expected post-pandemic, and rapid growth of e-commerce will likely result in a significant surge in road freight for Vietnam and other ASEAN economies, said logistics experts. According to a report by the Deutsche Post DHL Group, e-commerce in the region has been forecast to grow at a rate of 5.5 […]
Read MoreShopee, a major e-marketplace in Asean, is ramping up a marketing strategy to broaden its customer base beyond youngsters to boost sales through the platform amid a sluggish economy. Shopee, which is part of the global consumer internet firm Sea, chose to use Jackie Chan, the Chinese martial arts actor and superstar, as a major […]
Read MoreCoronavirus lockdowns will slow the pace of economic recovery in the 10 ASEAN countries according to Moody’s Investors Service. The world’s biggest credit ratings company says that may harm the ability of borrowers to repay their debts, putting strain on the banking industry. “Banks in Thailand, the Philippines and Indonesia are particularly vulnerable as their […]
Read MoreAFP – Asian equities mostly rose Wednesday, in line with the recent volatility in global markets as optimism over the economic recovery and coronavirus vaccinations plays off against concerns about the fast-spreading Delta variant and China’s regulatory crackdown. A forecast-beating corporate earnings season and constant reassurance from the US Federal Reserve over its ultra-loose monetary policies […]
Read More
Thailand
