SINGAPORE remains the biggest catchment area for American direct investments in Asia. Some US$15 billion were poured into factories and offices in the city state last year, raising the level of investments from the United States to a book value of US$274.3 billion in Singapore – more than the combined US investments in China (US$107.6 billion) and Japan (129.1 billion), […]
Read MoreThe Hanoitimes – Domestic private investment is yet to fulfill its increasing role as a driver of Vietnam`s lower middle-income economy, according to UNDP`s director. Accelerating the development of the private sector and expanding domestic private finance are key priorities for Vietnam to meet the financial requirements to achieve the Sustainable Development Goals (SDGs), stated Haoliang […]
Read MoreVietnam’s acting minister of information and communications, Nguyễn Mạnh Hùng, said today that Vietnam, as an emerging economy, would be able to take advantage of the fourth industrial revolution, even though the country missed the first three. “The future does not depend on the past in this new era. Developing countries have fewer facilities from […]
Read MoreThe government aims to increase trade with Vietnam to US$10 billion annually from $6.8 billion, last year, with President Joko “Jokowi” Widodo on a visit to the country. Jokowi arrived in Hanoi on Tuesday after concluding his visit to South Korea. “In the last three years, our trade with Vietnam had seen an increase to […]
Read MorePETALING JAYA: Allowing a larger fiscal deficit and running the risk of a sovereign credit rating downgrade in 2019 could cause balance of payments stress, given Malaysia’s high short-term external debts and low foreign exchange (forex) reserves, said Nomura. Following the reversal of fiscal reforms like goods and services tax (GST) and the removal of […]
Read MoreMANILA, Philippines — Deutsche Bank said inflation likely peaked in August, but the Bangko Sentral ng Pilipinas (BSP) is still expected to deliver more rate hikes until next year. In its latest Asia Macro Insight titled “Rough road ahead,” Deutsche Bank said the central bank may turn more hawkish to rein in rising inflationary expectations. […]
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Thailand
