[SINGAPORE] There’s a chance the Monetary Authority of Singapore may surprise financial markets by tightening its policy stance this month, according to Pacific Investment Management, a move that could make it among the first central banks in Asia to do so. Economic indicators are pointing to an improved growth outlook in the city state, while […]
Read MoreHCM CITY — Forty foreign institutional investors have joined the race for shares of the Vietnam Urban and Industrial Zone Development Investment Corporation (IDICO) at the firm’s initial public offering (IPO). IDICO will auction more than 55.3 million shares or 18.44 per cent of the firm’s charter capital at the IPO for the starting price of […]
Read MoreThe industry body representing Cambodia’s garment sector issued a statement yesterday urging the government to help manufacturers reduce the cost of doing business in order to offset a higher minimum wage and workers benefit package due to come into effect on January 1. The Garment Manufacturers Association in Cambodia (GMAC) urged the government to consider cutting the […]
Read MoreMANILA, Philippines — Tourism receipts grew 14.89 percent in the first six months of the year, driven by higher tourist arrivals, the Department of Tourism (DOT) said. Based on figures released by the DOT on its website, tourism activities generated P146.3 million in total earnings in the first half, higher than the P127.37 million recorded […]
Read MoreThe Directorate of Investment and Company Administration (DICA) in partnership with the German Corporation for International Cooperation (GIZ) have published a detailed report entitled The Socio-Economic Atlas of Myanmar. For the first time, the report will provide official details and statistics on Myanmar’s geography, population and climate as well as its education transportation, healthcare and […]
Read MoreKUALA LUMPUR: The evolvement of e-commerce sector will put Malaysia on track as a leading Asean logistics hub which will place it on the global logistics map, said Transport Minister Datuk Seri Liow Tiong Lai. With the fast pace of e-commerce growth, digital economy would contribute to an increase of around 1.4% to gross domestic […]
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Thailand
