Minister of Industry and Trade Tran Tuan Anh and EU Trade Commissioner Phil Hogan reached consensus on the point of time for the EU-Vietnam Free Trade Agreement (EVFTA) to take effect, during their phone talks on June 8. The talks took place right after the Vietnamese National Assembly (NA) had ratified the deal earlier the […]
Read MoreJapanese investors and companies are requesting the Thai government reopen the country to 100 Japanese business travellers per day, as they are eager to return here to make new investments and fill executive-level vacancies. “Japanese companies want to know when authorities will allow foreigners to travel to Thailand because they want to resume business expansion […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is likely to keep interest rates steady as it saves monetary ammunition amid the economic fallout from the coronavirus disease 2019 or COVID-19 pandemic. BSP Governor Benjamin Diokno said in a television interview aired on ABS-CBN News Channel that it may be better for the BSP […]
Read MoreSiam Commercial Bank (SCB) is encroaching on the food delivery business, planning to roll out its own platform next month. To lure customers, the bank’s food delivery platform Robinhood will waive the gross profit (GP) fee in an effort to be fair to customers, drivers and restaurants, said chief executive Arthid Nanthawitthaya. “SCB has no […]
Read MoreFitch Solutions, a subsidiary of Fitch Group, has revised its forecast for Vietnam’s fiscal deficit (excluding debt principal repayments) to be 6.4% of GDP in 2020 (from 6.0% of GDP previously), almost double of 3.4% in 2019. This is mainly due to the government’s Covid-19 fiscal stimulus having a strong focus on tax relief, which […]
Read MoreMANILA, Philippines — Four Asian countries have expressed interest to supply the Philippines with 300,000 metric tons of rice under a government-to-government scheme, the first for the country since the industry was liberalized. During Monday’s online G2G bidding, Myanmar, Thailand, Vietnam and India submitted their bids for the supply of imported rice with 25 percent […]
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