The Hanoitimes – Increasing nine points compared to the last quarter of 2017 on the back of increased positivity about local job prospects and the state of personal finances, Vietnam`s consumer confidence index reached a new all-time high of 124 points, according to a recent report by Nielsen Vietnam. Enhancing the quality of life After covering […]
Read MoreInflation rose by 1.38 per cent in June compared to the same month last year, but was down slightly from May’s 1.49 per cent, the Commerce Ministry reported on Monday. It ascribed the increase in June to a hike in energy prices but noted that the price of fresh foods dropped 1.75 per cent from […]
Read MoreMANILA, Philippines — A weaker peso is seen boosting tourism receipts as foreign tourists spend more as they get more value for they money, an official of the Department of Tourism(DOT) said. “A stronger US dollar against the Philippine peso will mean more purchasing power for foreign tourists visiting the country,”Tourism Undersecretary Benito Bengzon told The […]
Read MoreThe National Bank of Cambodia (NBC) announced on Friday that it is seeking to cooperate with relevant stakeholders to crack down on illegal lenders. It also alerted the public about the dangers of taking cash loans from unfamiliar sources. The NBC’s message noted that illegal lenders were boosting their loan advertisements on social media, distributing […]
Read MoreBank Indonesia’s (BI) decision last week to increase its reference rate by 50 basis points (bps) to 5.25 percent will negatively impact economic growth in the second half of 2018, a senior economist has said, although the central also introduced a relaxation policy on the loan to value (LTV) ratio in an attempt to booth the property sector. “The […]
Read MorePETALING JAYA: Countries like Malaysia could face the risk of a contagion effect from emerging market (EM) crisis due to the high level of debt despite not operating under the environment of “twin deficit”. AmBank Group chief economist Dr Anthony Dass said on Monday the risk of a contagion effect was premised on the country’s […]
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Thailand
