The Asian Development Bank, in its flagship economic update released on September 21 in Hanoi, has maintained its favourable economic outlook for Vietnam, with the country’s GDP projected to expand 6.5% this year and 6.7% next year. According to Andrew Jeffries, ADB country director for Vietnam, the Vietnamese economy recovered faster than expected in the […]
Read MoreThe Finance Ministry will hold talks with the Bank of Thailand to discuss and delve into the factors behind the weakening baht, said Finance Minister Arkhom Termpittayapaisith. He said the depreciating currency has added to inflationary pressures thus necessitating an examination into whether the declining value of the baht is linked to the country’s economic fundamentals or […]
Read MoreTHAILAND’S economy is expected to grow by 3.0 per cent to 3.5 per cent this year, helped by public investments and a pick-up in the vital tourism sector, the finance minister said on Monday. South-east Asia’s second-largest economy will continue its post-pandemic recovery as state investment projects are accelerated, Arkhom Termpittayapaisith told a state agency […]
Read MoreBank Islam Brunei Darussalam (BIBD) launched their Go Digital! campaign yesterday to encourage Bruneians to adopt digital banking in their daily lives to play their part in contributing to a more sustainable nation. BIBD’s Deputy Managing Director Irwan bin Haji Lamit said, “There is no doubt that digital banking contributes to greater efficiency, accessibility and […]
Read MoreJakarta (VNA) – The high inflation rate in Indonesia is likely to continue in 2023, as Bank Indonesia (BI) projects that prices will remain at a high level. BI Governor Perry Warjiyo recently warned that the inflation rate may hover above its targeted 2 to 4% next year. There is a risk that inflation may exceed the upper limit of the […]
Read MoreCompetition is increasingly fierce, so tech giants are interested in investing in research and development (R&D) to maintain growth and beat their competitors. In April 2022, during a meeting with the Vietnamese media, Serg Bell – the co-founder of unicorn start-up Acronis – said that after surveying Indonesia, Thailand, Malaysia, Myanmar, the company found that […]
Read More
Thailand
