Many countries are promoting vaccinations and reopening their economies. As a result, demand for Vietnam’s textiles, footwear, furniture, and electronic products is on the rise. Data from the General Department of Customs of Vietnam shows that Vietnam’s import and export revenue was very impressive in the January-July period of 2021. The total import-export value was […]
Read MoreGrab Holdings Inc – poised to become the most valuable Southeast Asian tech unicorn to go public on the NASDAQ later this year – reported stronger-than-expected revenue last quarter on the back of its food delivery service. The company announced in June that it would delay its initial public offering to the fourth quarter in […]
Read MoreMANILA, Philippines — Economists are not expecting any surprises as the Bangko Sentral ng Pilipinas (BSP) is likely to keep interest rates at record lows to support the economy’s faster recovery from the pandemic-induced recession. Bansi Madhavani, senior economist at ANZ Research, said the easing inflation reaffirms that the central bank would likely keep an […]
Read MoreAs the outbreak continues to escalate, housing developer sentiment for the next six months is expected to reach its lowest point in the third quarter of 2021 since the first quarter of 2009, with non-listed firms showing the greatest concern. Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said the expectations index […]
Read MorePETALING JAYA: Consumer sentiment is expected to take a hit before rebounding by year-end as the labour market continues to remain weak, fuelled by restrictions arising from the more infectious Covid-19 variants. The Consumer Sentiment Index (CSI) suffered a pullback in the second quarter (Q2) of 2021, slipping 34.6 points to 64.3 from 98.9 points […]
Read MoreThe National Bank of Cambodia (NBC) continues progressing with its central bank digital currency- (CBDC)-like initiative known as Bakong, disclosing several project milestones. NBC’s director general and the Bakong project lead Chea Serey said in a Wednesday interview with The Nikkei that Bakong’s electronic wallet reached 200,000 users in June, doubling from three months earlier. […]
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Thailand
