SHARES of Betagro declined in their debut in Bangkok on Wednesday (Nov 2), following Thailand’s second-largest initial public offering (IPO) this year. Its shares fell as much as 6.9 per cent from the IPO price. They were priced at 40 baht apiece after the meat producer and its major shareholders sold 500 million shares. The IPO […]
Read MoreSome 68.7% of 51.9 million people of working age are employed, not counting those in the informal sector, while the unemployment rate stays low at 2.3%, according to the Ministry of Labor, War Invalids and Social Affairs. Dao Ngoc Dung, Minister of Labor, War Invalids, and Social Affairs, said that Vietnam’s economy had rebounded faster […]
Read MoreMANILA, Philippines — Local factory output eked out moderate expansion in October despite growing demand as inflationary pressures continued to burden firms. A survey of around 400 manufacturers in the country found that the Philippines’ Purchasing Managers’ Index (PMI), a gauge of manufacturing output, softened to 52.6 in October from 52.9 in September, S&P Global […]
Read MoreThe Indonesian Energy and Mineral Resources Ministry has decided to extend its contract to supply gas to Singapore for five years from the initial expiry date of 2023. Jakarta (VNA) – The Indonesian Energy and Mineral Resources Ministry has decided to extend its contract to supply gas to Singapore for five years from the initial expiry date of […]
Read MoreVietnam’s competitive advantages and its strong recovery has attracted foreign retailers. Osamu Ikezoe, Uniqlo’s general director, said the firm plans to open three new stores in Hanoi by the year-end. Opening its first store in Hanoi in 2020, Uniqlo records the fastest growth rate in Vietnam, with 15 retail and online stores at present. Another […]
Read MoreA better-than-expected rebound in foreign tourist arrivals, lower oil prices and sliding shipping costs are brightening the outlook for Thailand’s current account, potentially offering a reprieve for the nation’s currency trading near a 16-year low. Southeast Asia’s second-largest economy posted a surprise current-account surplus in September and with tourist arrivals gathering pace, the broadest measure […]
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