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Laos has 3rd Fastest Mobile Internet Speed in ASEAN

Laos ranks third-fastest among ASEAN countries in terms of 4G download speed of mobile internet data and 52nd among 100 global economies. A report released this week by OpenSignal, a British company that measures mobile user experience globally, says Laos’ average 4G download speed is 17.1 Mpbs, faster than other ASEAN countries excepting Singapore and Vietnam. According to […]

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Thailand: SEZ interest pales next to EEC

Investment applications for 10 special economic zones (SEZs) remain low compared with those made for the flagship Eastern Economic Corridor (EEC), with the number of projects and investment value totalling 75 projects and 11 billion baht, respectively, from 2015 to April 1, 2020. According to the latest report by the National Economic and Social Development […]

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Philippines: MUFG sees weaker peso at 52 to $1

MANILA, Philippines — The peso may weaken to 52 to $1 this year as the country’s current account deficit balloons on falling remittances from overseas Filipino workers (OFWs) and tourism receipts amid the coronavirus disease 2019 or COVID-19 pandemic, according to Japan’s largest bank MUFG Bank Ltd.   Leong Sook Mei, ASEAN head of global market […]

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