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Philippines seen to profit once commodity prices fall

THE Philippines is among the commodity-dependent group of emerging markets (EM) with generally good fundamentals that will profit once commodity prices fall following the Russia-Ukraine conflict, according to analysts at Nomura Securities Ltd. Nomura analysts Rob Subbaraman and Si Ying Toh wrote in a research released on Tuesday that they have recently changed to a […]

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Singapore, Malaysia aviation sectors near recovery to pre-Covid levels: UOBKH

WITH Singapore and Malaysia fully reopening their international borders from Apr 1, UOB Kay Hian (UOBKH) is anticipating their aviation sectors to chart a strong recovery in passenger volumes and earnings over the immediate years to come. Both countries’ aviation sectors have been maintained at “market weight”. UOBKH projects Malaysia’s passenger traffic volumes to regain […]

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Thailand: Subsidy on premium diesel revoked

The cabinet on Tuesday approved revoking the subsidy on premium diesel used in luxury cars, effective from April, in a move to save on budget expenses. Rachada Dhnadirek, deputy government spokeswoman, said the cabinet’s move also aims to reduce the financial burden on the state Oil Fund, which currently subsidises the diesel price at 8 […]

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Vietnamese SMEs to increase online exports

Many small and medium-sized enterprises (SMEs) plan to increase cross-border trade for their products via e-commerce platforms to promote exports in the context of the COVID-19 pandemic. Tran Thi Yen Phi, CEO of DSW, which sells agricultural products via the Chinese platform Alibaba, said that the company’s revenue increased from US$3,000 to $260,000 after one year. […]

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