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Moody’s upgrades ratings for Vietnam

(Viet Nam News/ANN): As Vietnam continues to move up the value chain and the contribution of the private sector to total value-added grows, Moody’s expects productivity growth to drive the economy’s growth potential. Moody’s Investors Service on Friday upgraded the Government of Vietnam’s long-term issuer and senior unsecured ratings to Ba3 from B1 and changed the […]

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Thailand: Tetra Pak underlines four trends in grocery

With the online grocery sector in Thailand estimated to grow five-fold by 2030 based on current projections, Tetra Pak Thailand is highlighting four major trends in online grocery in the 11th annual edition of the Tetra Pak Index.  In the study, the food processing and packaging giant focuses on the rise of online grocery and the […]

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Singapore revises GDP growth lower, flags trade risks

SINGAPORE: Singapore’s economy grew slower than initial estimates in the April-June period on a quarter-on-quarter basis, revised data showed, as the government flagged a likely moderation in growth in the second half. The city-state’s Trade and Industry Ministry (MTI) said retaliatory tariffs between the United States and its major trading partners and interest rate increases […]

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Indonesia: Rupiah Weakens, Bappenas: Indonesia is Considered Same as Turkey

TEMPO.CO, Jakarta – Today, Rupiah has weakened to Rp14,600 per USD. The head of the National Planning and Development Agency (Bappenas) Bambang Brodjonegoro said it was caused by the investor consolidation due to the exchange rate depreciation of the Turkish currency, Lira. “Indonesia and Turkey are considered as emerging markets, so in these initial stages, there must be some kind of consolidation […]

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