HANOI — The Vietnam Bank for Social Policies (VBSP) has allocated VND31.6 billion (US$1.36 million) to 207 enterprises to pay the wages of 8,529 labourers who lost their jobs due to impact of the COVID-19 pandemic. According to the bank, it has extended payment dates and adjusted the lending terms for 242,700 existing customers, while giving […]
Read MoreKUALA LUMPUR: HSBC Group has projected Malaysia’s gross domestic product (GDP) growth for 2021 at 6.7% compared with an estimated 5.4% contraction last year. Asian economics research co-head Frederic Neumann said the Movement Control Order (MCO) 2.0 currently in place was expected to pose economic challenges at the beginning of the year. “But we are […]
Read MoreCambodia’s debt vulnerability remains contained, a Moody’s Investor Service report said. Despite holding a negative outlook on the Asia-Pacific (APAC) region, the rating agency maintained the Kingdom’s B2 Stable credit rating after having downgraded several frontier markets including Thailand, Sri Lanka, Laos and Myanmar last year. “The widespread fallout from the pandemic and measures adopted […]
Read MoreAverage prices for new and resale condo supply are projected to continue falling this year as the glut of unsold condos is overwhelming, with new units added to the stockpile. Nalinrat Chareonsuphong, managing director of consultant Nexus Property Marketing Co, said average prices of new condo supply being launched in Greater Bangkok this year would […]
Read MoreThe Hanoitimes – More investment from Singapore’s tech firms will help maintain its position as Vietnam’s top investor, Prime Minister Nguyen Xuan Phuc has said. Singapore’s investors are seeking investment opportunities in Vietnam, particularly in fields of innovation, smart city and startups, which are in line with the Vietnamese government’s development priorities. Singapore’s Ambassador to Vietnam […]
Read MoreThe government has retained its price control on 55 products and service items including medical face masks, a synthetic fibre used as a raw material to make medical face masks, alcohol and alcohol-based hand sanitiser, and recyclable paper. The meeting of the Central Committee on the Prices of Goods and Services chaired by Commerce Minister […]
Read More
Thailand
