MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) expects the country’s external payments position to remain healthy amid the sustained inflows. BSP Deputy Governor Diwa Guinigundo said the country continues to experience robust foreign direct investment as well as foreign portfolio investment inflows. Latest data showed the Philippines recorded a balance of payments (BOP) […]
Read MoreThe Hanoitimes – China was the largest source of greenfield Investment in Vietnam in Q1/2019 with US$732.2 million, accounting for 18.9% of the total. As Sino-US trade tensions have continued to weigh, multinational companies have been shifting their production facilities from China to Vietnam and recruiting a large number of employees, leading to a surge in […]
Read MoreThe Hanoitimes – Vietnam is advised to address key emerging factors in order to pursue its development path. Digitalization has brought numerous changes in Vietnam since the first Internet connection in 1997, enabling the country to obtain a series of socio-economic achievements, mostly the sustainable development goals (SDGs). Nothing else but connection in all parts of […]
Read MoreKUALA LUMPUR: Finance Minister Lim Guan Eng expects the country to grow a further 4.9% this year amid a decline in inflationary pressure while an additional 41,000 quality manufacturing jobs are expected to be created in the next two years. In a statement released on Sunday, he said the January 2019 Consumer Price Index (CPI) […]
Read MoreHANOI — Vietnam has been named among the 60 most innovative economies in the world by the 2019 Bloomberg Innovation Index. South Korea continues to stand in first place, followed by Germany. A number of other emerging economies appeared in Bloomberg’s rankings for the first time, including the United Arab Emirates, India, Mexico and Saudi Arabia. Vietnam’s total score was 45.92 points, […]
Read MoreThe value-added tax (VAT) refund for Chinese New Year shopping has received a lukewarm response, with a mere 7,000 people registering for the perk. Since registration opened on Jan 7, only 7,000 of 20 million debit card holders have signed up to get VAT back from spending at participating shops during Feb 1-15, said Lavaron Sangsnit, director-general […]
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Thailand
