The main index is seen trading at a downward bias, as it remains overvalued, making it susceptible to profit taking. Philstocks Financial Inc. senior research analyst Japhet Tantiangco said that as of last week’s closing, the market is trading at a price-to-earnings ratio of 21.8 times, which is above its 2015 to 2019 average of […]
Read MoreAlthough Christmas is not a widely celebrated event in Cambodia, businesses big and small across multiple sectors, including retail, hospitality and tourism, are hopeful of it providing a well-needed year-end boost to their revenues. This may seem out of context for a nation where 95 percent of the population is Buddhist, but by the beginning […]
Read MoreThe Bank of Thailand and Bank Indonesia on Monday announced the expansion of the rupiah-baht settlement framework. The framework was first launched on December 11, 2017 under a memorandum of understanding signed by the two central banks on December 23. The expansion is a part of continuous efforts to promote wider use of local currencies […]
Read MoreThe pandemic and uncertainties have put pressure on the global economy. However, Vietnam, though facing many risks, is expected to continue growing well. Vietnam among fastest growing economies The Asian Development Bank’s (ADB) Asian Development Outlook 2020 predicts that Vietnam’s economy will grow by 2.3 percent in 2020, higher than the predicted 1.8 percent last September. […]
Read MorePETALING JAYA: Positive consumer sentiment on the back of better economic growth is expected to spur car sales in 2021. Vehicle sales growth is also anticipated to remain steady even if the sales tax exemption that ends this month is not extended, say analysts. According to Frost & Sullivan Asia-Pacific mobility consulting analyst Nur Afiqah […]
Read MoreAfter the lockdown this year, shopping malls began to be busy again in the ‘new normal’ situation caused by the COVID-19 pandemic. At many shopping centers, people can be seen wearing protective masks, queuing for temperature checks and washing hands with antiseptic. Child care rooms and automatic mobile phone charging points are frequently disinfected. These […]
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Thailand
