FURTHER monetary easing by Vietnam’s central bank cannot be ruled out amid a worsening coronavirus-led global health crisis, said Maybank economists on Tuesday, although it is expected to stay on hold after surprise rate cuts. The State Bank of Vietnam (SBV) announced late Monday a 100 basis-point (bps) cut to its refinancing rate from 6 […]
Read MoreThe Hanoitimes – The FDI sector posted exports of US$26.2 billion in the January – February period, up 5% year-on-year and accounting for 67% of Vietnam’s exports. Vietnam posted a trade surplus of US$1.82 billion in the first two months of 2020, a stark contrast from the General Statistics Office’s estimated trade deficit of US$176 million […]
Read MoreThree property-related fairs scheduled for March-May 2020 will either be postponed or held online due to the pandemic. The latest event to announce postponement is Architect ’20, the largest architecture exhibition in Asean that covers design trends, construction materials and technology. On Tuesday the organisers, the Association of Siamese Architects (ASA) and N.C.C. Exhibition Organizer, […]
Read MoreExports of the Kingdom’s luggage were worth $1.2 billion last year, up from just $50 million in 2016, according to a statement from the Garment Manufacturers Association in Cambodia (GMAC). Its Deputy Secretary-General Kaing Monika, told Khmer Times that for travel goods, US is the biggest market accounting for about 80 percent of the total […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is finalizing a framework for a safe and efficient payment system, ensuring settlement of time-critical financial transactions. In a draft circular, the regulator said the payment system is indispensable to the smooth functioning of financial markets as well as to maintaining monetary and price stability. The […]
Read MorePETALING JAYA: The Malaysia Retailers Association (MRA) said the coronavirus (Covid-19) outbreak and the change in government – both unexpected events – have affected retail consumption in the first two months of this year with retailers reporting a drop in sales of as much as 80%. If unresolved over the next couple of months, it […]
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Thailand
