vn02
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Vietnam: Multiple potential sectors for investors to inject capital

Experts recommend investors to monitor and disburse into the industries of consumption, retail, banking, aviation, telecommunications – information technology, oil and gas. HÀ NỘI – The stock market is in a favourable situation with many supporting factors such as the State Bank lowering interest rates, positive short-term sentiment and the return of cashflow. Experts recommend […]

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Malaysia: Improving jobs market

PETALING JAYA: Labour market conditions in Malaysia are expected to continue improving this year, with more jobs available amid the recovery in domestic economic activities. According to economists, the February 2023 unemployment rate, which fell to its lowest since the Covid-19 pandemic, was already pointing to a trend of further recovery in the country’s labour […]

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Thailand: Banks hesitate in rush to cashless era

The banking industry’s push to discourage the use of cash led some to believe it was a good idea to charge fees for cash transactions and suspend cardless money withdrawals at ATMs. The Bank of Thailand and local banks have been promoting digital payments in their efforts to shift towards a cashless society, with digital […]

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Cambodia’s dollarisation peaks among neighbouring countries

Cambodia became Asia’s most dollarised economy, while dollarisation in neighbouring Lao P.D.R., Mongolia and Vietnam was either declining or broadly stable, a report by the International Monetary Fund (IMF) said a decade ago. Ten years later the grim reading remained unchanged compared to other economies in the region. Since Cambodia’s economy has been substantially dollarised, […]

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Philippines: FDI inflow plunges 46% in January

MANILA, Philippines — The inflow of foreign direct investments (FDI) contracted for the third straight month after plunging by 45.7 percent in January amid global economic uncertainties and elevated inflation. Data released by the Bangko Sentral ng Pilipinas (BSP) showed an FDI inflow of $448 million in January, lower than the $824 million booked in […]

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