Vietnam should extend visa exemption policies for foreign tourists to encourage more visitors to return, say tourism insiders. Federal Travel Company director-general Tu Quy Thanh said foreign tourists who receive visa exemptions are currently allowed to stay in Vietnam for only 15 days, less than the average time they often want to stay. He says […]
Read MoreThe rise in land prices eased in the second quarter after rising for nine consecutive quarters as developers have slowed purchasing in inner-city locations. Surachet Kongcheep, managing director of Phoenix Property Development and Consultancy Co, said developers’ land purchases shifted to outer-city locations where land prices were lower. “Developers are focusing on condo development in […]
Read MoreKUALA LUMPUR: The ringgit opened flat today against the US dollar as the greenback continued to gain traction ahead of a widely expected US and European Central Bank (ECB) interest rates cut. At 9.05pm, the ringgit stood at 4.1180/1210 from Tuesday’s 4.1180/1190. A dealer said the dollar was stronger against a basket of major currencies […]
Read MoreThe Hanoitimes – If the FED lowers the interest rate by the end of this month as expected, the move would have a minimal impact on the monetary policy of Vietnam’s central bank. The State Bank of Vietnam (SBV), the country’s central bank, has recently expanded the credit growth quotas for a number of commercial […]
Read MoreSINGAPORE’S headline inflation eased in June, ending a four-month streak of edging upwards, according to consumer price index (CPI) figures released by the Department of Statistics on Tuesday. Core inflation also continued to ease, strengthening economists’ expectations of monetary easing ahead. Headline inflation was 0.6 per cent year on year, down from 0.9 per cent […]
Read MorePrime Minister Prayut Chan-o-cha will on Thursday (July 25) unveil his government’s policy statement in Parliament, aimed at elevating Thailand to developed-nation status country via 12 urgent and 12 long-term policies focused mainly on the Eastern Economic Corridor (EEC) project. Among the urgent policies, the sixth calls for a “future-proof” economic system by promoting target […]
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