MANILA, Philippines – The peso continued to lose steam, shedding another 19 centavos yesterday to hit its lowest level in almost three months as investors shifted their funds to safe havens due to the decision of the US Fed to return its interest rate policy to normal. The local currency closed at 50.29 to $1 […]
Read MoreBut they are optimistic on sales turnover. SMEs expect a small lift in revenue during the second half of 2017 in anticipation of stepped up activities relating to the year-end festive season. As a result, SMEs are slightly more optimistic about the next six months. The latest SBF-DP SME Index (the Index) increased slightly, by […]
Read MoreSINGAPORE’S economy is expected to grow 2.7 per cent in 2017, buoyed by improved growth dynamics and ongoing recovery in global trade, said the latest report by the Institute of Chartered Accountants in England and Wales (ICAEW) released on Thursday. However, growth will remain uneven across sectors due to differing external and internal factors, said […]
Read MoreThe government released its latest revision of its fuel price caps yesterday, trimming the cap on petrol in response to lower global oil prices. According to the Ministry of Commerce, the price ceiling on regular petrol was reduced to 3,500 riel per litre, from 3,600 riel, while the cap on premium was set at 3,600 […]
Read More(KPL) The Lao-Viet Expo 2017 will be held at the International Convention and Exhibition Centre (Lao-ITECC) in Vientiane Capital from Jun 29 to Jul 7. The expo aims to mark the special solidarity between the two countries of Laos and Vietnam in preparation for the celebration of the 55th anniversary of diplomatic ties and the […]
Read MoreThe Myanmar Investment Commission (MIC) has approved a total of US$1.85 million worth of investments from 66 foreign businesses and K501 billion worth of investments from 24 Myanmar citizens for fiscal year 2017-18. In June alone, the MIC approved investments worth US713.43 million from 22 foreign businesses and K11.425 billion investment from four Myanmar citizens, according […]
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Thailand
