As Omicron dims outlook MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is expected to remain accommodative the entire year as the Omicron variant will further stall economic recovery in the Philippines. In its weekly brief, London-based Capital Economics maintained that the central bank would not deliver any surprise rate adjustment, with monetary policy […]
Read MoreCambodia’s burgeoning economy and well-tested legislation surrounded by foreign ownership rights have encouraged leading Japanese retailer Aeon to start international logistics services in Cambodia by 2023. The Aeon Mall is mulling to build 30,000 sq meter logistics center in Sihanoukville in 2023. The gigantic center will offer import storage, customs clearance and support for cross-border […]
Read MorePrice escalation is occurring everywhere, from rural to urban areas. People are buying land at surprisingly high prices. Land price hikes in Ky Anh district in HaTinh province are a hot topic. The owner of a beer shop near Vung Ang crossroads pointed to a land plot, saying: “The landlord wants to sell the land […]
Read MoreKUALA LUMPUR, Jan 10 — Malaysia’s industrial production in November rose 9.4 per cent from a year earlier, above forecast, government data showed today. November’s industrial production was expected to rise 7.3 per cent, according to 10 economists surveyed in a Reuters poll. — Reuters
Read MoreSuphachai Chearavanont, chief executive of Charoen Pokphand Group (CP), the agribusiness giant, recently mentioned dire economic prospects, including the ominous word hyperinflation. Hyperinflation worries stem from a combination of factors including US-China tensions, the global food and energy crises, a potential cryptocurrency bubble and massive ongoing capital injections into the world economy to keep it afloat […]
Read MoreIn strong signals of EU interest in Vietnam over the past few months, a batch of leading companies has signed deals to purchase businesses and expand their merger and acquisition footprint. Speaking at the Vietnam M&A Forum 2021 earlier this month, Vo Ha Duyen, chairwoman of Vietnam International Law Firm, said, “The EU-Vietnam Free Trade […]
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Thailand
