MANILA, Philippines — The Philippines’ current account (CA) deficit may widen again by as much as one percentage point of gross domestic product (GDP) by the end of the year as the economy is seen to recover in the second half, according to a senior official of the Department of Finance. In a text message, […]
Read MoreCentral Group and Central Retail Vietnam have linked up with Vietnam’s Industry and Trade Ministry to host Vietnamese Week in Thailand 2019, under the theme “Taste of Vietnam”. Yesterday’s opening ceremony for the event was presided over by Vietnam’s Deputy Industry Minister Do Thang Hai, Thailand’s Commerce Minister Jurin Laksanawisit and Nguyen Hai Bang, Vietnam’s […]
Read MoreKUALA LUMPUR: Alliance DBS Research estimates that Malaysia’s property market will need at least another three years to absorb the unsold properties, assuming status quo in historical transaction volume. “Therefore, a meaningful recovery for the property market is only expected by 2023, ” it said in a research note on Thursday. It said the large […]
Read MoreMANILA, Philippines — Term deposits fetched mixed results yesterday as the weekend attack on the oil production facilities in Saudi Arabia allegedly perpetuated by Iran fanned inflation concerns. The yield of the seven-day term deposits eased by 1.63 basis points to 4.3323 percent from last week’s 4.3486 percent, while that of the 28-day tenor also […]
Read MoreThe Hanoitimes – State-owned enterprises and agriculture, which once monopolized the economy, are losing prominence as the nation works to achieve sustainable development through more open trade and industry. Vietnam overcame regional peers in Southeast Asia, including Malaysia, Indonesia and Singapore to rank 8th among the world’s leading 29 countries to invest in, up from 23rd […]
Read MoreSticky rice have been smuggled into the country, but ironically it has helped curb soaring price, said Chukiat Opaswong, honorary president of the Thai Rice Exporters Association. Some merchants, he said, had smuggled 100,000 tonnes of glutinous rice into the country from Vietnam via Thailand’s neighboring countries, adding that they were then mixed with Thai […]
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