Cambodia’s total exports were valued at $5.982 billion in the first five months of 2021, inching up a 1.6 percent increase compared with the same period last year, thanks to the growth of non-garment products. A report on economic trends from the Ministry of Economy and Finance (MEF) showed the export of garments was on […]
Read MoreThe Ministry of Trade and Industry (MoIT) has said it is cooperating with the Ministry of Finance to consider the provision of tax incentives to encourage the development and use of electric vehicles in Vietnam. As electric vehicles remain unpopular among Vietnamese consumers, the two ministries are studying possible amendments to the Law on Special […]
Read MoreWITH the pandemic granting greater work flexibility, only 15 per cent of South-east Asian respondents would prefer to work from the office full-time, according to a recent EY Work Reimagined Employee Survey. Most preferred to work anywhere (32 per cent), while working remotely full-time and having hybrid work arrangements followed closely behind at 29 per […]
Read MoreBENGALURU (REUTERS) – Malaysian budget airline AirAsia Group said its digital units have acquired two Thai technology businesses from Indonesian ride-hailing and payments firm Gojek for US$50 million ($67.4 million), according to a stock exchange filing on Wednesday (July 7). The acquisition involved 100 per cent of the equity interest in Velox Technology for US$40 million […]
Read MorePETALING JAYA: The key benchmark interest rate, which is at an all time low of 1.75%, is expected to be maintained when Bank Negara convenes its Monetary Policy Committee (MPC) meeting tomorrow. After a cumulative 125 basis points cut in the overnight policy rate (OPR) last year to fuel economic growth, economists agree that the […]
Read MoreMANILA, Philippines — The continued weakening of the peso could create a headache for the Bangko Sentral ng Pilipinas, which may be forced to tighten monetary policy earlier-than-expected at a time the economy still needs support to recover from a pandemic-led slump. After outperforming most Asian currencies last year, the local unit is now trading […]
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Thailand
