MANILA, Philippines — Barcelona-based think thank Focus Economics said the pace of the country’s economic expansion moderated as consumers have grown more cautious in the third quarter. Focus Economics said the gross domestic product (GDP) growth of the Philippines likely moderated in the third quarter. “Household spending, the main engine of growth, continues to expand […]
Read MoreLaos and the Republic of Indonesia are discussing a direct flight between the two countries aiming to boost economic development, investment and trade as well as the inflow of visitors. The two sides have agreed to operate a direct flight but the details and possible start date have not been confirmed. A source from the […]
Read MoreKUALA LUMPUR: The ringgit extended yesterday’s gain to open higher against the US dollar today on continued demand for the emerging currencies, including the local note, as investors remained concerned over the possibility of US interest rate increase moving forward, dealers said. At 9.25 am, the local unit was quoted at 4.2240/2270 against the US […]
Read MoreEnergy firms with permission to conduct offshore oil and gas exploration activities in Myanmar will have their contracts cancelled next year if they do not progress from the initial study period to actual exploration, said U Aung Kyaw Htoo, Assistant Secretary from the Ministry of Electricity and Energy. The contracts will be rescinded if these […]
Read MoreHANOI — The recovery of the Vietnamese economy has made good impact on the local securities market and the business performance of brokerages firms, an official has said. The State Securities Commission Chairman Tran Van Dung said at the meeting on October 6 that the number of profitable securities firms increased to 60 of the 85 active firms, from […]
Read MoreCambodia is well positioned to capitalise on the rapid growth of air passenger traffic worldwide, with the Kingdom already one of the fastest growing tourism markets in Southeast Asia and set to grow further as more than a third of the world’s passenger air traffic passes through the region. Commercial airlines carried 3.8 billion passengers […]
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Thailand
