The Bank of Thailand and Bank Indonesia on Monday announced the expansion of the rupiah-baht settlement framework. The framework was first launched on December 11, 2017 under a memorandum of understanding signed by the two central banks on December 23. The expansion is a part of continuous efforts to promote wider use of local currencies […]
Read MoreThe pandemic and uncertainties have put pressure on the global economy. However, Vietnam, though facing many risks, is expected to continue growing well. Vietnam among fastest growing economies The Asian Development Bank’s (ADB) Asian Development Outlook 2020 predicts that Vietnam’s economy will grow by 2.3 percent in 2020, higher than the predicted 1.8 percent last September. […]
Read MorePETALING JAYA: Positive consumer sentiment on the back of better economic growth is expected to spur car sales in 2021. Vehicle sales growth is also anticipated to remain steady even if the sales tax exemption that ends this month is not extended, say analysts. According to Frost & Sullivan Asia-Pacific mobility consulting analyst Nur Afiqah […]
Read MoreAfter the lockdown this year, shopping malls began to be busy again in the ‘new normal’ situation caused by the COVID-19 pandemic. At many shopping centers, people can be seen wearing protective masks, queuing for temperature checks and washing hands with antiseptic. Child care rooms and automatic mobile phone charging points are frequently disinfected. These […]
Read MorePETALING JAYA: The reopening of the domestic economy and the potential mass vaccine rollout by various countries have seen investors shifting to more cyclical sectors like banks – the proxy to economic growth. Since end-October, banking stocks have rallied by more than 20% versus the FBM KLCI’s 11% rise, largely on optimism that positive news […]
Read MoreThe Hanoitimes – The food delivery apps are becoming familiar with Vietnamese people. Food delivery apps have become more important for both business owners and their customers as more people order takeout during the coronavirus pandemic in Vietnam. According to a survey conducted by Q&Me in December, with the participation of about 1,000 people aged 18 […]
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