MANILA, Philippines — Nomura Securities Ltd. has raised its inflation forecasts over the next two years amid the persistence of higher oil prices, weather-related disruptions, and strong demand conditions. Euben Paracuelles, economist at Nomura, said in a report titled “Philippines: Inflation still soaring in September” inflation may hit 5.4 percent this year and 4.2 percent […]
Read MoreSINGAPORE SMEs will look to expand in 2019, but show greater caution than six months ago as trade tensions continue to simmer, the latest SBF-DP SME Index showed on Monday. A joint initiative of the Singapore Business Federation (SBF) and DP Information Group (DP Info), the index measures the business sentiment of over 3,600 SMEs for […]
Read MoreThe Hanoitimes – The Party chief has boasted of results of the ongoing anti-corruption campaign. All the 12 socio-economic goals set for Vietnam this year are likely to be met or beaten, with the economy poised to expand 6.6-6.8%, reaching US$240.5 billion at the year-end, General Secretary of the ruling Communist Party Nguyen Phu Trong said […]
Read MoreThe steering committee of the EEC Development Policy last week acknowledged the proposal of the Digital Economy and Society Ministry to develop the digital and communications infrastructure on the Eastern Economic Corridor with a budget of more than Bt17.913 billion. The committee meeting was chaired by Prime Minister Prayut Chan-o-cha. Kanit Sangsubhan, secretary-general of the […]
Read MoreSINGAPORE shares opened sharply lower for a third straight session on Monday following Friday’s bond selloff on Wall Street and Sunday’s decision by the People’s Bank of China to loosen monetary policy for a fourth time this year. At 10.45am, Singapore’s Straits Times Index was down 0.7 per cent, or 21.64 points, at 3,188.15. The Shanghai Composite […]
Read MoreThe Hanoitimes – Vietnam’s commitments to increase foreign equity caps in the telecommunications sectors under the EU-Vietnam Free Trade Agreement (EVFTA) will ease European investors to enter the country’s industry. Under the EVFTA, which is expected to take effect next year, in the telecom sector, Vietnam will raise the foreign equity cap in non-facilities based virtual […]
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Thailand
