MANILA: Philippine central bank Deputy Governor Diwa Guinigundo said a quick reversal of last year’s monetary tightening — either through a reduction in the amount of cash that banks must hold as reserves or a cut in key interest rates — would be “bad economic or monetary policy.” While inflation in the last two months […]
Read MoreBank of Thailand announced on Monday it had signed an agreement with the National Bank of Cambodia on cooperation in payments and financial innovation. The central banks’ governors, Veerathai Santiprabhob of Thailand and Chea Chanto of Cambodia, signed the document on February 3 in Phnom Penh. The banks’ annual meetings are aimed at strengthening cooperation […]
Read MoreChina Railway Eryuan Engineering Corporation (CREEC) has started a partial survey for the Muse-Mandalay-Kyaukphyu railway line, part of the China –Myanmar Economic Corridor (CMEC) and the larger Belt and Road Initiative (BRI). Myanmar signed a memorandum of understanding (MOU) for the project, expected to be one of the largest road and railway projects in the […]
Read MoreThe Hanoitimes – The food and beverage (F&B) industry in Vietnam will likely see a growth rate of 10.9% for the 2017-2019 period, Business Monitor International (BMI) has forecast. Foreign companies have been pouring more money into Vietnam’s food processing and drinks industry thanks to an average growth rate of 7%-9% in the 2013-2017 period. So […]
Read MoreThe Hanoitimes – With the government’s new policies, it is forecast that more foreign companies will enter the Vietnamese market to cash in on the country’s growing medicine demands. It is now easier for foreign companies to join the Vietnamese pharmaceutical market, buoyed by recently-loosened business conditions regarding drug registration and imports. The Ministry of Health […]
Read MoreThe Hanoitimes – Vietnam`s real estate sector remains a promising land for investors as Hanoi and Ho Chi Minh City are undergoing rapid transformations, continuing to catch regional peers. There are a number of reasons indicating how fast Vietnamese economy has grown in the recent years and how dynamic the real estate market has been over […]
Read More
Thailand
