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Vietnam August inflation slows to 5-year low

The Hanoitimes – Core inflation rose 2.66% year-on-year in the first eight months of 2020. Vietnam’s consumer price index (CPI), the main gauge of inflation, in August increased 0.07% against the previous month, but dipped 0.12% versus the end of 2019, both at the weakest levels in the 2016 – 2020 period, according to the General […]

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Thailand: Vaccination tours on the table

Tour operators have suggested arranging tours for those who want to get Covid-19 vaccinations abroad, though they are awaiting a clear set of rules and regulations before selling packages. Thais took 10.6 million overseas trips with estimated spending of 340 billion baht in 2019, but the pandemic this year has forced outbound operators to close […]

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Philippine peso, a standout in Asia

Despite the continuing rise of COVID-19 cases and the weakening economy, the Philippine peso remains strong. In fact, its performance is a standout in Asia. The peso closed at 48.485 against the US dollar last Friday, its strongest level in three in half years. It has gained 4.3 percent year-to-date, significantly outperforming other currencies in […]

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Malaysia: Digital economy continues to grow

KUALA LUMPUR: The Malaysian digital economy is set to continue its growth momentum with more brands and businesses, especially the small and medium-sized enterprises (SMEs) digitalising their operations, said leading e-commerce platform, Lazada. By the same token, shoppers too have become even more confident in shopping for their essential needs online. Lazada Malaysia chief executive […]

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Indonesia: Costly logistics, electricity, labor keep firms from investing in Batam

High costs for logistics and electricity in Batam are burdensome for business, hampering the government’s effort to attract investors to the free trade zone (FTZ) in Riau Islands, business players have said. Abidin Hasibuan, the president director of publicly listed electronics manufacturer PT Sat Nusapersada, said on Thursday that container shipment costs from Batam remained uncompetitive […]

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