The Hanoitimes – Vietnam is on track to remain the fastest-growing economy among major countries in ASEAN. Tighter restrictions in early 2021 as a result of Covid-19 outbreak have weighed on Vietnam’s economic activity, resulting a GDP growth forecast of 7% this year, lower than the previously estimated 7.6%, and then moderate to 6.5% in 2022, […]
Read MoreBitcoin rose to another all-time high on Monday at 1.74 million baht, or US$58,330.57 apiece, as physical spot gold hit a seven-month low with traders suggesting the current price dip is a good time to buy gold. Bitcoin on Sunday surpassed for the first time the one-kilogramme gold price, which stood at about $57,300. The […]
Read MoreIndonesia is seeking to spur much-needed investment in infrastructure projects to revive its pandemic-battered economy with the launch of a sovereign wealth fund. The government got the ball rolling last week with a pledge to inject up to US$5.3 billion in initial capital between now and the end of the year. Some of the priority […]
Read MoreDomestic car manufacturers are racing to increase purchase orders for semiconductors to avoid cutting their production capacity as a result of a global shortage of chips for cars. Representing the control centre of modern cars and electrical appliances, these semiconductors are now in short supply, intensifying the competition to obtain them. The global chip shortage […]
Read MoreCBRE Cambodia research indicates that 2020 saw occupancy rates fall to 76.5 percent, the Kingdom’s lowest level since 2016. The drop was almost 8 percent year on year, with rents falling back in most sectors. Two factors contributed to an increased gap between supply and demand in the Phnom Penh office market. First, there was […]
Read MorePETALING JAYA: The statutory reserve requirement (SRR) ratio will unlikely see any cut this year amid the economy showing signs of sluggishness over the next couple of months underpinned by ample liquidity in the banking system. SRR is non-interest bearing balances that commercial banks are required to keep with the central bank. It is also […]
Read More
Thailand
