ASEAN members have high hopes that entry into the Regional Comprehensive Economic Partnership on January 1 will boost trade within its 10 nations and the other signatories, China, South Korea, Japan, Australia and New Zealand. At the same time Cambodia is hoping to reap the rewards of a free trade agreement (FTA) with China that […]
Read MoreVietnam’s strong macro-economic fundamentals mean the country continues to be an attractive destination for investors in the mid-and long term. Both international and domestic experts shared the view that the Government’s GDP growth target of 6-6.5% for 2022 is within reach but would require substantial efforts to address existing bottlenecks. Following the turbulent year of […]
Read MoreMANILA, Philippines — The prescribed ceiling on interest rates, charges and other fees for specific loan offering by lending firms, financing companies and online lending platforms is set to take effect on Jan. 3, 2022, according to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno. Last Dec. 16, the Monetary Board issued Resolution 1717 approving […]
Read MoreEmerging-market assets are set to rise in 2022 as moderating inflation and accelerating growth trigger gains, but that won’t happen until the second half of the year. That’s the consensus among investors like Goldman Sachs Group Inc, Morgan Stanley and JPMorgan Chase & Co who spoke with Bloomberg on the outlook for developing-nation stocks, bonds […]
Read MoreDuring the fourth wave of the Covid-19 pandemic from June until September 2021, several fashion brands began to gradually move production and orders away from Vietnam. This decision was made so as to reduce transport costs and adjust to the disruption in the supply chain, which has become a serious concern for many export-import businesses. […]
Read MoreThe Tourism Authority of Thailand (TAT) expects a weak New Year period with just 8.04 billion baht in tourism revenue, due to concerns over the Covid-19 Omicron variant. “Concerns over a possible outbreak of the new Omicron variant have affected local tourists’ plans for the New Year holiday, but younger generations continue to travel as […]
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